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14601 South Main Street

Osamah Khaled Of Gorgeous Home Linen Acquires Industrial Property In Gardena For $2.69M
SOLDIndustrial

Osamah Khaled Of Gorgeous Home Linen Acquires Industrial Property In Gardena For $2.69M

14601 South Main Street

$2,690,000

$188/SF

Building Size

14,310 SF

Asset Type

Industrial

Closing

Aug 2, 2024

AI

The property involved in this transaction is an industrial asset located at 14601 South Main Street in Gardena. The sale price of the property was $2,690,000. It has a total square footage of 14,310, which gives it a price per square foot of $187.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $2,690,000
  • Address: 14601 South Main Street
  • Market: Gardena
  • Square Footage: 14,310
  • Price per Square Foot: $187
  • Buyer: Osamah Khaled - Gorgeous Home Linen
  • Seller: Francis L. Ballesteros - 2018 Holdings Trust
  • Brokers: Eric S. Chavez & Ronald Ballesteros - CAREBF Inc., Brokered By eXp Commercial Realty

Key individuals involved in the transaction include Osamah Khaled, the buyer representing Gorgeous Home Linen, and Francis L. Ballesteros, who sold the property through the 2018 Holdings Trust. The transaction was facilitated by brokers Eric S. Chavez and Ronald Ballesteros of CAREBF Inc., with brokerage services provided by eXp Commercial Realty.

Players

Eric S. Chavez, CCIM
Verified Badge

Eric S. Chavez, CCIM

CAREBf, Inc.

Broker

$39M

vol

12 deals

Broker

Gardena 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

5.90%

Cash-on-Cash

-1.69%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93