Updated Dec 21, 2023
Raymond Shen Sells Industrial Property In Los Angeles For $4.4M With Brokers Eric Mandell, Luc Hawkshaw, And Jeffrey Ahn - Ally Commercial Real Estate
2746 Durfee Avenue, El Monte, California 91732, United States
$4,400,000
$188/SF
Building Size
23,320 SF
Asset Type
Industrial
Closing
Jan 23, 2022
About this deal
AI
The industrial property located at 2746 Durfee Ave. in Los Angeles has been sold. The transaction took place on January 7, 2022. The property was sold by Raymond Shen.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $4,400,000
- Address: 2746 Durfee Ave.
- Market: Los Angeles
Eric Mandell, Luc Hawkshaw, and Jeffrey Ahn from Ally Commercial Real Estate represented the sellers in the deal. Ally Commercial Real Estate can be contacted for any real estate needs at (424) 317-0312.
On the Map
$4,400,000
$188/SF
Industrial
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Players
El Monte 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
3.61%
Cash-on-Cash
-1.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93