Updated Oct 29, 2024
Ontario South M3 Acquires Industrial Property In Santa Ana, CA For $5.45M
2855 Pullman St, Santa Ana, CA 92705, USA
$5,450,000
$375/SF
Building Size
14,500 SF
Asset Type
Industrial
Closing
Nov 23, 2022
About this deal
AI
The industrial property located at 2855 Pullman St in Santa Ana, CA has been sold in a recent transaction. The property spans a total area of 14,500 square feet and was sold for a price of $5,450,000, resulting in a price per square foot of $376. The buyer in this transaction is Ontario South M3, represented by Jonathan Gabriel Jordan. The seller is Purely Real Estate.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $5,450,000
- Square Footage: 14,500
- Sale Price per Square Foot: $376
- Address: 2855 Pullman St, Santa Ana, CA
- Market: Santa Ana, CA
The buyer, Ontario South M3, was represented by Richard Peterson from Richard Peterson Broker & Associates. On the other hand, Nathan Demosthenes from Cushman & Wakefield served as the seller's representative in this transaction.
Santa Ana 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
2.91%
Cash-on-Cash
-0.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93