Updated Dec 21, 2023
Fahad Naji Acquires Industrial Property In East San Fernando Valley For $1.91M
12473 San Fernando Road, Sylmar, California 91342, United States
$1,910,000
$290/SF
Building Size
6,586 SF
Asset Type
Industrial
Closing
Apr 13, 2022
About this deal
AI
The industrial property located at 12473 San Fernando Rd. in the East San Fernando Valley has been sold for $1,910,000. The property has a total square footage of 6,586, resulting in a price per square foot of $290. The transaction took place on April 14, 2022.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,910,000
- Address: 12473 San Fernando Rd.
- Market: East San Fernando Valley
- Square Footage: 6,586
Fahad Naji acquired the property from Artin Khachatourian. Chris McKenzie from Lee & Associates LA North represented Fahad Naji as the buyer's representative in this deal.
On the Map
$1,910,000
$290/SF
Industrial
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Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.31%
Cash-on-Cash
-2.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93