Unilev Capital Corp Sells Industrial Property In National City For $20.33M
131 W 33rd St National City, Ca 91950, Usa
$20,330,000
$258/SF
Building Size
78,700 SF
Asset Type
Industrial
Closing
Aug 3, 2023
AI
An industrial property located at 131 West 33rd Street in National City, California, has been sold for $20.33 million. The property spans 78,700 square feet and was built in 1969. It underwent renovations in 2019. The sale price equates to approximately $258.32 per square foot. The transaction was facilitated by CBRE on behalf of the seller, Unilev Capital Corp, represented by Raymond Levy. The buyer, an undisclosed Los Angeles investor, acquired the property.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $20,330,000
- Square Footage: 78,700
- Price per Square Foot: $258
- Address: 131 West 33rd Street, National City, California
- Market: National City
- Seller: Unilev Capital Corp
- Seller's Representative: Raymond Levy
- Broker: CBRE
The sale of the industrial property at 131 West 33rd Street in National City, California, was completed with the assistance of CBRE, representing Unilev Capital Corp. Raymond Levy acted as the seller's representative in the deal. The specific identity of the buyer remains undisclosed.
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
0.78%
Cash-on-Cash
-0.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93