facebook
Traded Co logo
Submit

Chris Cole Purchases Industrial Compound From Damiano Dall'Anese In Los Angeles For $3.6M

Property Image
SOLD
$3,600,000
Chris Coleman
Oliver Ghadoushi

California

See Similar Deals
Industrial6,900 SF
Sold
the dealplayerscompscontact
Property Image
SOLD

Chris Cole Purchases Industrial Compound From Damiano Dall'Anese In Los Angeles For $3.6M

1359 South Hope Street

See Similar Deals
Industrial6,900 SF
Sold
Chris Coleman
Oliver Ghadoushi
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$521
Total Square Footage:6900 SF
Transaction Type:Sale

A freestanding industrial compound located at 1359 South Hope Street in the Los Angeles market has been sold. The sale, which took place on 6/20/2025, was finalized for a price of $3,600,000. The property has a total area of 6,900 square feet, translating to a price per square foot of $521.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $3,600,000
  • Address: 1359 South Hope Street
  • Buyer: Chris Cole
  • Seller: Damiano Dall'Anese
  • Broker: Oliver Ghadoushi - Compass
  • Market: Los Angeles
  • Square Footage: 6,900
  • Price Per Square Foot: $521

Oliver Ghadoushi of Compass Commercial facilitated the transaction, emphasizing the continued demand for versatile industrial and creative office assets in the Downtown Los Angeles marketplace.

Players

Oliver Ghadoushi
Compass
Oliver Ghadoushi
8 deals$30.7M volume(323) 302-8282
BROKER
Compass
Compass
BROKERAGE
Chris Coleman
Chris Coleman
3 deals$36.5M volume
BUYER

Details

SOLD
IMAGE: Oliver Ghadoushi DATE: 6/20/2025 ADDRESS: 1359 South Hope Street MARKET: Los Angeles ASSET TYPE: Industrial BUYER: Chris Cole SELLER: Damiano Dall'Anese BROKER: Oliver Ghadoushi (@OGroupRE) - Compass (@Compass) SALE PRICE: $3,600,000 SF: 6,900 ~ PPSF: $521 NOTE FROM BROKER: Oliver Ghadoushi of Compass Commercial facilitated the sale of 1359 S Hope Street — a freestanding industrial compound with on-site parking in Downtown Los Angeles. Located in the heart of South Park, the transaction underscores the continued demand and resilience of versatile industrial and creative office assets in the marketplace.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$192,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$12,790.04
Cash-on-Cash Return-1.27%
Monthly Debt Service$17,065.84
Annual Debt Service$204,790.04