Updated Dec 20, 2023
Iman Eshaghyan & Mina Eshaghyan Acquire Industrial Property In West Los Angeles For $3.8M
11150 La Grange Ave, West Los Angeles, Los Angeles, CA, USA
$3,800,000
$586/SF
Building Size
6,485 SF
Asset Type
Industrial
Closing
Jan 5, 2021
About this deal
AI
Iman Eshaghyan and Mina Eshaghyan of Coldwell Banker facilitated the sale of an industrial property located at 11150 La Grange Ave, West Los Angeles. The transaction took place on January 6, 2021.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,800,000
- Square Footage: 6,485
- Price per Square Foot: $585
- Market: West Los Angeles
The property, with a total area of 6,485 square feet, was sold for a price of $3,800,000, resulting in a price per square foot of $585. The industrial asset is situated at 11150 La Grange Ave in West Los Angeles.
Iman Eshaghyan and Mina Eshaghyan, both associated with Coldwell Banker, represented the parties involved in this transaction.
On the Map
$3,800,000
$586/SF
Industrial
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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
4.17%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93