Updated Jan 29, 2025
Rexford Industrial Realty Acquires Industrial Redevelopment In Los Angeles For $22.05M
12744 San Fernando Rd, Sylmar, CA 91342, Estados Unidos
$22,050,000
$15/SF
Building Size
1,404,460 SF
Asset Type
Industrial
Closing
Oct 13, 2020
About this deal
AI
The industrial redevelopment property located at 12744 San Fernando Road in Los Angeles has been sold for a price of $22,050,000. The transaction took place on October 14, 2020. The property spans an area of 140,446 square feet, resulting in a price per square foot of $156.
Summary of transaction details
- Property Type: Industrial Redevelpoment
- Transaction Amount: $22,050,000
- Square Footage: 140,446
- Price per Square Foot: $156
- Address: 12744 San Fernando Road, Los Angeles
The buyer of the property is Rexford Industrial Realty, while the seller is funds managed by Oaktree Capital Management, L.P. The brokers involved in the deal are Sean Fulp, Ryan Plummer, Kevin Shannon, and Bret Hardy.
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
0.72%
Cash-on-Cash
-0.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93