Floyd Shaheen & Emily Shikhvarger Sell Industrial Property In Los Angeles For $1.67M
1407 Esperanza Street, Los Angeles, CA, USA
$1,670,000
$321/SF
Building Size
5,200 SF
Asset Type
Industrial
Closing
Dec 30, 2020
AI
1407-1411 Esperanza St in Los Angeles was recently sold in a closed transaction. The industrial property, spanning 5,200 square feet, was sold for a price of $1,670,000, resulting in a price per square foot of $321.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $1,670,000
- Square Footage: 5,200
- Price per Square Foot: $321
- Address: 1407-1411 Esperanza St, Los Angeles
- Market: Los Angeles
The buyer's representative in this transaction was Johnny Cho from CPGI, while the seller's representatives were Floyd Shaheen and Emily Shikhvarger from Marcus & Millichap.
Players
Los Angeles Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.50%
Cash-on-Cash
-2.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93