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11150 La Grange Ave, West L...

Iman Eshaghyan & Mina Eshaghyan Acquire Industrial Property In West Los Angeles For $3.8M
SOLDIndustrial

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

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.

Players

Mina Eshaghyan
Verified Badge

Mina Eshaghyan

Coldwell Banker

Broker

$52.5M

vol

8 deals

Broker

Los Angeles Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

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