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14768 Calvert Street, Van N...

ZDG Properties LLC Acquires Industrial Property In Van Nuys For $1.63M
SOLDIndustrial

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

David Schatz

Marcus & Millichap

Broker

$20.4M

vol

8 deals

Broker

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