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130 West Victoria Street

Joseph Sang-Hyun Kim Of Woojin IS USA Inc Purchases Industrial Asset From KGJ Properties For $15.35M
SOLDIndustrial

Joseph Sang-Hyun Kim Of Woojin IS USA Inc Purchases Industrial Asset From KGJ Properties For $15.35M

130 West Victoria Street

$15,350,000

$262/SF

Building Size

58,400 SF

Asset Type

Industrial

Closing

Mar 10, 2025

AI

The property asset involved in the transaction is located at 130 West Victoria Street in Gardena. This industrial asset was sold for $15,350,000.00 and encompasses a total area of 58,400 square feet.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $15,350,000.00
  • Address: 130 West Victoria Street
  • Market: Gardena
  • Square Footage: 58,400.0
  • Buyer: Joseph Sang-Hyun Kim - Woojin IS USA, Inc
  • Seller: KGJ Properties
  • Brokers: Brian Held (CBRE), Robert Spratlin (CBRE), Brent Koo (CBRE), Lex Yoo (CBRE)

The deal involved key individuals such as Joseph Sang-Hyun Kim representing Woojin IS USA, Inc as the buyer. The seller of the property is KGJ Properties. The transaction was facilitated by brokers from CBRE, including Brian Held, Robert Spratlin, Brent Koo, and Lex Yoo.

Players

Brent Koo

CBRE

Broker

$19.4M

vol

2 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage

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

1.03%

Cash-on-Cash

-0.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93