Updated Dec 2, 2024
Rexford Industrial Realty Inc. Acquires Industrial Property In Rancho Dominguez & Van Nuys For $30.3M
19100 South Susana Road, Compton, CA, USA
$30,300,000
$244/SF
Building Size
124,000 SF
Asset Type
Industrial
Closing
May 7, 2019
About this deal
AI
Industrial property located at 19100 S Susana Rd & 15835 Oxnard St in Rancho Dominguez and Van Nuys has been sold for $30,300,000. The property spans a total of 124,000 square feet, resulting in a price per square foot of $244.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $30,300,000
- Address: 19100 S Susana Rd & 15835 Oxnard St, Rancho Dominguez and Van Nuys
- Market: Rancho Dominguez and Van Nuys
- Buyer: Rexford Industrial Realty Inc.
Howard Schwimmer and Michael Frankel were the key individuals involved in this transaction. They represent Rexford Industrial Realty Inc. as its brokers.
Players
Long Beach 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
0.52%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93