Updated Oct 28, 2024
Bella Financial Investments Acquires Industrial Property In Arleta For $900K
12455 Branford Street, Arleta, CA, USA
$900,000
$323/SF
Building Size
2,782 SF
Asset Type
Industrial
Closing
Sep 24, 2021
About this deal
AI
12455 Branford Street, Arleta, was recently sold in a closed transaction. The property, classified as an industrial asset, was sold for a total of $900,000. Spanning across 2,782 square feet, the property was purchased by Bella Financial Investments, represented by Arther Avetisov, while the sellers were Howard & Roberta Oberstein. The deal was facilitated by Justin Seigel and Doug Rickard from ADR Preferred Business Properties.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $900,000
- Address: 12455 Branford Street, Arleta
- Buyer: Bella Financial Investments - Arther Avetisov
- Seller: Howard & Roberta Oberstein
- Brokers: Justin Seigel & Doug Rickard - ADR Preferred Business Properties
The property, located at 12455 Branford Street, Arleta, offers a total area of 2,782 square feet. The transaction was carried out by notable individuals and companies, including Bella Financial Investments - Arther Avetisov as the buyer and Howard & Roberta Oberstein as the sellers. The deal was successfully executed with the assistance of Justin Seigel and Doug Rickard from ADR Preferred Business Properties.
On the Map
$900,000
$323/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
17.63%
Cash-on-Cash
-5.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93