The Luzzatto Company, Inc. Acquires Industrial Property In Los Angeles For $5M
3670 Degnan Boulevard, Los Angeles, CA 90018, USA
$5,000,000
$255/SF
Building Size
19,588 SF
Asset Type
Industrial
Closing
Feb 10, 2020
AI
The industrial property located at 3670 Degnan Blvd has been sold for a price of $5,000,000. The property spans an area of 19,588 square feet, resulting in a price per square foot of $255.26. The transaction took place on 02/11/2020.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $5,000,000
- Address: 3670 Degnan Blvd
- Square Footage: 19,588
- Price per Square Foot: $255.26
The buyer of the property is The Luzzatto Company, Inc., while the seller is Delbert Reedy. The deal was facilitated by brokers Ryan Serling, Martin Agnew, and John Lally.
Players
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
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93