facebook
Traded Co logo
Submit

Harkham Family Acquires Industrial Property In Hollywood For $21.9M

Property Image
SOLD
$21,850,000
Andrew Perris
+ 1

California

See Similar Deals
Industrial61,000 SF
Sold 02/17/2022
the dealplayerscompscontact
Property Image
SOLD

Harkham Family Acquires Industrial Property In Hollywood For $21.9M

1110 Seward Street, Los Angeles, California 90038, United States

See Similar Deals
Industrial61,000 SF
Sold 02/17/2022
Andrew Perris
+ 1
Contact now

Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$358
Total Square Footage:61,000 SF
Transaction Type:Sale

The industrial property located at 1110 Seward St. in Hollywood has been sold for a total of $21,850,000. The transaction took place on February 17, 2022, with the buyer being the Harkham Family and the seller being Mader Inc. The property spans over 61,000 square feet, resulting in a price per square foot of $358.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $21,850,000
  • Address: 1110 Seward St.
  • Market: Hollywood

The deal was facilitated by the brokers John Aguilar, Andrew Perris, and Gabe Rudner of Aegis Management Inc.

Players

JA
3 deals$31.4M volume
BROKER


Gabe Rudner
Aegis Management
2 deals$24.9M volume(949) 636-0365
BROKER

8 deals$357.4M volume
BUYER

Details

SOLD
IMAGE: Aron Harkham, John Aguilar, Andrew Perris, Gabe Rudner DATE: 02/17/2022 ADDRESS: 1110 Seward St. MARKET: Hollywood ASSET TYPE: Industrial BUYER: Harkham Family (@AHarkham) SELLER: Mader Inc. BROKERS: John Aguilar, Andrew Perris & Gabe Rudner (@LACreativeRealty) - Aegis Management Inc. SALE PRICE: $21,850,000 SF: 61,000 ~ PPSF: $358

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,165,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$77,628.45
Cash-on-Cash Return-1.27%
Monthly Debt Service$103,580.15
Annual Debt Service$1,242,961.77