facebook

traded

+ Submit
Home

/

Deals

/

California

/

Industrial

/

Sale

/

14754 Calvert Street

Steve Marsh Acquires Industrial Property In Van Nuys From Richard Silliman For $3.8M
SOLDIndustrial

Steve Marsh Acquires Industrial Property In Van Nuys From Richard Silliman For $3.8M

14754 Calvert Street

$3,800,000

$226/SF

Building Size

16,800 SF

Asset Type

Industrial

Closing

Sep 26, 2025

AI

The property involved in this transaction is an industrial asset located at 14754-14758 Calvert Street & 14755-14759 Bessemer Street in the Van Nuys market. The sale price of the property was $3,800,000, encompassing a total square footage of 16,800 and a price per square foot of $226.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $3,800,000
  • Location: 14754-14758 Calvert Street & 14755-14759 Bessemer Street, Van Nuys
  • Square Footage: 16,800
  • Price Per Square Foot: $226
  • Buyer: Steve Marsh
  • Seller: Richard Silliman
  • Seller's Representative: Lucas Mitchell, Ryan Rothstein-Serling & Martin Agnew - Agnew | Serling Group - Marcus & Millichap

The transaction involved key individuals including buyer Steve Marsh and seller Richard Silliman, alongside their representatives Lucas Mitchell, Ryan Rothstein-Serling, and Martin Agnew, who are affiliated with Agnew | Serling Group under Marcus & Millichap. Their roles were pivotal in facilitating this transaction in the industrial market.

Players

Martin Agnew

Marcus & Millichap

Broker

$450M

vol

123 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage

Van Nuys 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

4.17%

Cash-on-Cash

-1.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93