Kevin Yee Acquires Industrial Property From Behrooz Sobati In Northridge For $4.2M
18641 Parthenia Street
$4,200,000
$363/SF
Building Size
11,568 SF
Asset Type
Industrial
Closing
Jan 28, 2026
AI
The property involved in this transaction is an industrial asset located at 18641-18643 Parthenia Street in the Northridge market. The sale price for the property was $4,200,000, and it encompasses a total square footage of 11,568. The price per square foot amounts to $363.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,200,000
- Address: 18641-18643 Parthenia Street
- Market: Northridge
- Square Footage: 11,568
- Price Per Square Foot: $363
- Buyer: Kevin Yee
- Seller: Behrooz Sobati
- Brokers: Hannah Zager, Ryan Rothstein-Serling & Martin Agnew - Agnew | Serling Group - Marcus & Millichap
The key individuals in this transaction include the buyer, Kevin Yee, and the seller, Behrooz Sobati. The brokers representing the deal were Hannah Zager, Ryan Rothstein-Serling, and Martin Agnew from Agnew | Serling Group at Marcus & Millichap, facilitating the completion of the sale.
Players
Northridge 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
3.78%
Cash-on-Cash
-1.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93