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12455 Branford Street, Arle...

Bella Financial Investments Acquires Industrial Property In Arleta For $900K
SOLDIndustrial

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

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.

Players

Justin Seigel

ADR Preferred Business Properties

Broker

$29.5M

vol

13 deals

Broker

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