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12815 South Western Avenue

David Koh Acquires Industrial Property In Gardena For $8.75M - Ensemble Realty Advisors Represent Seller
SOLDIndustrial

David Koh Acquires Industrial Property In Gardena For $8.75M - Ensemble Realty Advisors Represent Seller

12815 South Western Avenue

$8,750,000

$377/SF

Building Size

23,200 SF

Asset Type

Industrial

Closing

Jul 14, 2022

AI

An industrial property located at 12815 S. Western Ave. in Gardena has been sold for $8,750,000. The property spans a total area of 23,200 square feet and was sold at a price per square foot of $377.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $8,750,000
  • Address: 12815 S. Western Ave.
  • Market: Gardena

The buyer of the property is David Koh, while the seller is Yoel Gidanian. Shanna Naim from Ensemble Realty Advisors represented the seller as their broker. It is worth noting that the property was sold for $1.75 million above the original asking price. For any industrial needs in Southern CA, you may reach out to Shanna Naim at [email protected].

Players

Shanna Naim

Skyview Real Estate Partners

Broker

$43.9M

vol

33 deals

Broker
ENS Realty
ENS RealtyBrokerage

David Koh

Buyer

$12M

vol

2 deals

Buyer

Gardena 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

1.81%

Cash-on-Cash

-0.52%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93