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Jack Rimokh Acquires Industrial Property At 209 E 32nd St For $4.26M

Property Image
SOLD
$4,265,500

California

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Industrial14,000 SF
Sold 07/02/2019
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Property Image
SOLD

Jack Rimokh Acquires Industrial Property At 209 E 32nd St For $4.26M

209 East 32nd Street, Los Angeles, CA, USA

See Similar Deals
Industrial14,000 SF
Sold 07/02/2019
Contact now

Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$304
Total Square Footage:14,000 SF
Transaction Type:Sale

Located at 209 E 32nd St, this industrial property was recently sold in a closed transaction on July 2, 2019. The property spans 14,000 square feet and was sold for a total price of $4,265,500, resulting in a price per square foot of $304.68. The buyer, Jack Rimokh, purchased the property from the seller, Family Always Matter, LLC. The deal was facilitated by brokers Ikem Chukumerije from WPE Partners and North American Properties.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $4,265,500
  • Address: 209 E 32nd St
  • Buyer: Jack Rimokh
  • Seller: Family Always Matter, LLC
  • Brokers: Ikem Chukumerije - WPE Partners, North American Properties

Ikem Chukumerije, representing WPE Partners and North American Properties, played a crucial role in facilitating the sale of this industrial property. The transaction occurred on July 2, 2019, and involved the buyer, Jack Rimokh, and the seller, Family Always Matter, LLC. This successful deal highlights the expertise and negotiation skills of the brokers involved.

Players

4 deals$24.5M volume(310) 362-8209
BROKER

Details

SOLD
IMAGE: Ikem Chukumerije @milliondollarliving DATE: 07/02/2019 ADDRESS: 209 E 32nd St ASSET TYPE: Industrial BUYER: Jack Rimokh SELLER: Family Always Matter, LLC BROKERS: Ikem Chukumerije, WPE Partners, North American Properties PRICE: $4,265,500 SF: 14,000 ~ PPSF: $304.68

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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