Daum Commercial Real Estate Services Sells Industrial Property In South El Monte For $5.1M
2309 Edwards Ave South El Monte, CA 91733, USA
$5,100,000
$284/SF
Building Size
17,944 SF
Asset Type
Industrial
Closing
Jun 23, 2023
AI
The industrial property located at 2309 Edwards Avenue in South El Monte has been sold. The property spans 17,944 square feet and was sold at a price of $5,100,000, with an asking price of $5,365,256. The price per square foot for this transaction is $284.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $5,100,000
- Address: 2309 Edwards Avenue
- Market: South El Monte
- Broker: Carlos Castillo - Daum Commercial Real Estate Services
Carlos Castillo from Daum Commercial Real Estate Services represented the parties involved in this deal. The successful sale of this industrial property demonstrates the expertise and professionalism of the broker. The transaction was completed on 06/23/2023.
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
3.11%
Cash-on-Cash
-0.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93