Updated Sep 9, 2024
Julian Sahagun Acquires Industrial Property In Sylmar From Jack Britain
12863 San Fernando Road, Sylmar, CA 91342, USA
$2,650,000
$281/SF
Building Size
9,420 SF
Asset Type
Industrial
Closing
Sep 16, 2021
About this deal
AI
The industrial property located at 12863 San Fernando Rd. in Sylmar has been sold for a price of $2,650,000. The property spans across 9,420 square feet, resulting in a price per square foot of $281. The transaction took place on 09/16/2021.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,650,000
- Address: 12863 San Fernando Rd.
- Market: Sylmar
The buyer in this transaction is Julian Sahagun, while the seller is Jack Britain. Blas Fernandez from lasPropertyGroup represented the buyer, and David Hoffberg acted as the seller's representative.
On the Map
$2,650,000
$281/SF
Industrial
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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
5.99%
Cash-on-Cash
-1.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93