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2093 West Washington Boulev...

Ferguson Family Revocable Trust Sells Industrial Property In Los Angeles For $6.55M
SOLDIndustrial

Ferguson Family Revocable Trust Sells Industrial Property In Los Angeles For $6.55M

2093 West Washington Boulevard, Los Angeles, California 90015, United States

$6,550,000

$385/SF

Building Size

17,000 SF

Asset Type

Industrial

Closing

Jan 17, 2022

AI

The asset involved in this transaction is industrial property located at 2093 W. Washington Blvd. in Los Angeles. It was sold for $6,550,000, encompassing an area of 17,000 square feet, which equates to a price per square foot of $385.

Summary of transaction details:

Key individuals involved in this transaction include Anthony Behar, Brad Luster, and David Lincoln, who represented the seller, Ferguson Family Revocable Trust, in the agreement. Their expertise in the real estate market facilitated the successful completion of the sale.

Players

Anthony Behar

Broker

$38.9M

vol

7 deals

Broker
RT
Revocable TrustSeller

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

2.42%

Cash-on-Cash

-0.69%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93