Aaron Aftergood, Jacob Aftergood & Yosef Berrin-Reinstein Acquires Industrial Property In Los Angeles
SOLD
$3,350,000
California
See Similar DealsIndustrial7,800 SF
Sold 07/26/2020
SOLD
Aaron Aftergood, Jacob Aftergood & Yosef Berrin-Reinstein Acquires Industrial Property In Los Angeles
307 North New Hampshire Avenue, Los Angeles, CA 90004, USA
See Similar DealsIndustrial7,800 SF
Sold 07/26/2020
Summary
CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$429
Total Square Footage:7,800 SF
Transaction Type:Sale
An industrial property located at 307 N. New Hampshire Avenue in Los Angeles has been sold. The property spans 7,800 square feet and was sold for $3,350,000, at a price per square foot of $429. The transaction took place on July 26, 2021.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $3,350,000
- Address: 307 N. New Hampshire Avenue
- Market: Los Angeles
The buyers of the property are Aaron Aftergood, Jacob Aftergood, and Yosef Berrin-Reinstein. They were represented by brokers Elizabeth Clark and Laura Milshteyn. The seller in the transaction is Jeremy Thurswell.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$178,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,901.84
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,880.71
Annual Debt Service$190,568.51
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