Vernon Industrial Property Sells For $1.3M From Seller Daniel O'Connor And Brokers Sam Liberow & Josh Williams
3212 East Olympic Boulevard, Los Angeles, CA, USA
$1,300,000
$216/SF
Building Size
6,000 SF
Asset Type
Industrial
Closing
Jul 7, 2019
AI
A sale transaction took place in Vernon involving an industrial property. The property is located at 3212 E Olympic Blvd and spans 6,000 square feet. The sale was completed on July 8, 2019, and the property was sold for $1,300,000, resulting in a price per square foot of $216.67.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $1,300,000
- Address: 3212 E Olympic Blvd
- Market: Vernon
- Size: 6,000 square feet
The seller of the property was Daniel O'Connor. Sam Liberow, Josh Williams, and Michael J. Dunn acted as the brokers in this transaction, representing the buyer and seller.
Players
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
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93