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10643 Glenoaks Boulevard

Greater Los Angeles County Vector Control Acquires Industrial Property In Pacoima For $13.1M
SOLDIndustrial

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.

Players

Christopher Mckenzie

Lee & Associates

Broker

$24.5M

vol

5 deals

Broker

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