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
Gardena 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
1.81%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93