Aaron Abergel Acquires Industrial Property In North Hollywood For $2.2M
10711 Chandler Boulevard, North Hollywood, CA 91601
$2,235,000
$349/SF
Building Size
6,396 SF
Asset Type
Industrial
Closing
Aug 11, 2020
AI
An industrial property located at 10711 Chandler Blvd. in North Hollywood has been sold for a price of $2,235,000. The property spans 6,396 square feet, resulting in a price per square foot of $349. The transaction took place on August 11, 2021.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $2,235,000
- Square Footage: 6,396
- Price per Square Foot: $349
The buyer in this transaction was Aaron Abergel, while the seller was Roger Boaz. Representing the buyer were Chase Cohen, Martin Agnew, and Ryan Serling from Marcus & Millichap. Michael Berlin from Keller Williams represented the seller.
Players
Los Angeles 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
7.10%
Cash-on-Cash
-2.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93