ZDG Properties LLC Acquires Industrial Property In Van Nuys For $1.63M
14768 Calvert Street, Van Nuys, CA, USA
$1,625,000
$328/SF
Building Size
4,950 SF
Asset Type
Industrial
Closing
Sep 18, 2019
AI
Located in Van Nuys, the industrial property at 14768-14770 Calvert St was recently sold in a closed transaction. The property spans 4,950 square feet and was sold for $1,625,000, resulting in a price per square foot of $328.28. The sale took place on September 19, 2019.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,625,000
- Address: 14768-14770 Calvert St
- Market: Van Nuys
ZDG Properties LLC purchased the property from Alex & Yana Galuz. The transaction was facilitated by brokers David Schatz, Ryan Serling, and Martin Agnew from the Agnew Serling Group.
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
9.76%
Cash-on-Cash
-2.79%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93