Greater Los Angeles County Vector Control Acquires Industrial Property In Pacoima For $13.1M
10643 Glenoaks Boulevard
$13,091,145
$343/SF
Building Size
38,063 SF
Asset Type
Industrial
Closing
Dec 6, 2023
AI
The industrial property located at 10643 Glenoaks Boulevard in Pacoima has been sold. The property spans 38,063 square feet and was sold at a price of $13,091,145, which translates to a price per square foot of $344. The seller, Alexander Elnekaveh, successfully closed the transaction with the buyer, Greater Los Angeles County Vector Control.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $13,091,145
- Address: 10643 Glenoaks Boulevard, Pacoima
- Market: Pacoima
The buyer, Greater Los Angeles County Vector Control, acquired the industrial property from seller Alexander Elnekaveh. Representing the seller in the deal was Chris Mckenzie from Lee & Associates.
Pacoima Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.21%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93