facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

California

/

Industrial

/

Sale

/

3101 S Hill St, Downtown Lo...

Faramarz Sadeghi Acquires Industrial Property In Downtown For $3.1M
SOLDIndustrial

Faramarz Sadeghi Acquires Industrial Property In Downtown For $3.1M

3101 S Hill St, Downtown Los Angeles, Los Angeles, CA, USA

$3,100,000

$227/SF

Building Size

13,622 SF

Asset Type

Industrial

Closing

Jun 9, 2019

AI

Located in the Downtown market, the industrial property at 3101-3116 S Hill St was recently sold for $3,100,000. Spanning over 13,622 square feet, this transaction had a price per square foot of $227.57. The sellers in this deal were Astrid Metzos, Nancy Bittan, and Henry Spitz, while the buyer was Faramarz Sadeghi. Representing the sellers were Anthony Behar and Daniel Moussazadeh.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $3,100,000
  • Address: 3101-3116 S Hill St, Downtown
  • Market: Downtown
  • Square Footage: 13,622
  • Price per Square Foot: $227.57

Anthony Behar and Daniel Moussazadeh served as the brokers in this transaction. They played a crucial role in facilitating the deal between the sellers and the buyer, ensuring a smooth and successful transaction.

Players

Anthony Behar

Broker

$38.9M

vol

7 deals

Broker

Los Angeles Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.12%

Cash-on-Cash

-1.46%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93