14200 Aetna Street Industrial Sold In Van Nuys For $2.2M With Buyer's Rep Daniel Hirth & Seller's Rep Jake Zacuto
14200 Aetna Street, Van Nuys, CA, USA
$2,235,000
$421/SF
Building Size
5,300 SF
Asset Type
Industrial
Closing
Mar 4, 2021
AI
14200 Aetna Street, located in Van Nuys, was recently sold in a closed transaction. The industrial property, spanning 5,300 square feet, was on the market with an asking price of $2,195,000. Ultimately, it sold for $2,235,000, resulting in a price per square foot of $421.
Summary of transaction details
- Property Type: Industrial
- Sale Price: $2,235,000
- Square Footage: 5,300
- Asking Price: $2,195,000
- Price Per Square Foot: $421
- Market: Van Nuys
The sale of 14200 Aetna Street was facilitated by the seller's representatives, Jake Zacuto from Zacuto Group, and Andrew Sinasohn. The buyer's representatives involved in the transaction were Daniel Hirth from Hirth Group, Alex Reyhan, and Ethan Donel. Together, they negotiated the deal and successfully closed the transaction.
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
7.10%
Cash-on-Cash
-2.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93