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307 North New Hampshire Ave...

Aaron Aftergood, Jacob Aftergood & Yosef Berrin-Reinstein Acquires Industrial Property In Los Angeles
SOLDIndustrial

Aaron Aftergood, Jacob Aftergood & Yosef Berrin-Reinstein Acquires Industrial Property In Los Angeles

307 North New Hampshire Avenue, Los Angeles, CA 90004, USA

$3,350,000

$429/SF

Building Size

7,800 SF

Asset Type

Industrial

Closing

Jul 26, 2020

AI

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.

Players

Laura Milshteyn

Douglas Elliman

Broker

$16.1M

vol

7 deals

Broker

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

4.74%

Cash-on-Cash

-1.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93