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10628 Central Ave, Montclai...

Updated Nov 17, 2023

SOLDIndustrial

SoCal MultiFamily Sold For $37M

10628 Central Ave, Montclair, CA 91763, USA

$37,000,000

$367/SF

Building Size

100,815 SF

Asset Type

Industrial

Closing

Apr 28, 2023

About this deal

AI

A multi-family property in Southern California has been sold for a total of $37,000,000. This transaction involved an undisclosed number of units and the price per unit could not be determined. The square footage of the property is unknown, as well as the price per square foot.

Summary of transaction details

  • Property Type: MultiFamily
  • Transaction Amount: $37,000,000

No additional information was provided regarding the specific address or the market in which the property is located.

Unfortunately, no further details were provided about the buyer, seller, buyer's representative, seller's representative, or any involved brokers.

Players

Los Angeles Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $367 per square foot on a published $37M for 100,815 square feet (2023).

Browse Los Angeles industrial sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.43%

Cash-on-Cash

-0.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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