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10929 Chandler Blvd, North ...

Updated Sep 9, 2024

Ernie Vallorano Purchases Industrial Property In North Hollywood For $2.5M
SOLDIndustrial

Ernie Vallorano Purchases Industrial Property In North Hollywood For $2.5M

10929 Chandler Blvd, North Hollywood, CA 91601, USA

$2,500,000

$416/SF

Building Size

6,000 SF

Asset Type

Industrial

Closing

Dec 10, 2020

About this deal

AI

A 6,000 square foot industrial property located at 10929 Chandler Blvd in North Hollywood has recently been sold for $2,500,000. The property was listed by Blas Fernandez and the sale was finalized on 12/11/2020. The buyer, Ernie Vallorano, purchased the property from the seller, Paul Jamieson, at the same price as the asking price.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $2,500,000
  • Address: 10929 Chandler Blvd, North Hollywood
  • Listing Broker: Blas Fernandez
  • Buyer: Ernie Vallorano
  • Seller: Paul Jamieson
  • Square Footage: 6,000
  • Price per Square Foot: $416

This sale transaction was successfully facilitated by Blas Fernandez, the broker representing both the buyer and the seller. The property, located in the North Hollywood market, offers great value with its 6,000 square feet of space. Both parties agreed on a sale price of $2,500,000, which translates to a price of $416 per square foot.

Players

Blas Fernandez

IKON Properties

Broker

$100.5M

vol

35 deals

Broker
Keller Williams Realty
Keller Williams RealtyBrokerage

Los Angeles Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $416 per square foot on a published $2.5M for 6,000 square feet (2020).

Visit Blas Fernandez to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.35%

Cash-on-Cash

-1.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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