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12863 San Fernando Road, Sy...

Julian Sahagun Acquires Industrial Property In Sylmar From Jack Britain
SOLDIndustrial

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

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.

Players

Blas Fernandez

IKON Properties

Broker

$88.5M

vol

33 deals

Broker
Keller Williams Realty
Keller Williams RealtyBrokerage

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