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3707 South Main Street

Daniel Tenenblatt Acquires Industrial Property At 3707 South Main Street For $1.325M With Eve Capital As Buyer's Rep
SOLDIndustrial

Daniel Tenenblatt Acquires Industrial Property At 3707 South Main Street For $1.325M With Eve Capital As Buyer's Rep

3707 South Main Street

$1,325,000

$220/SF

Building Size

6,000 SF

Asset Type

Industrial

Closing

May 27, 2025

AI

The asset involved in this transaction is an industrial property located at 3707 South Main Street in Los Angeles. The sale price for this prime off-market property was $1,325,000, encompassing a total space of 6,000 square feet, with a price per square foot of $220.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $1,325,000
  • Buyer: Daniel Tenenblatt
  • Seller: Danny Abdelmalak
  • Buyer’s Representative: Mariam Tvildiani & Laura Alice Scaturro - EVE Capital
  • Date of Transaction: 5/27/2025
  • Market: Los Angeles

Notably, Eve Capital played a crucial role in the swift acquisition of this property, closing the deal in a mere 15 days during the escrow period. The representation by Mariam Tvildiani and Laura Alice Scaturro facilitated clear communication and collaboration, aligning the Buyer’s investment strategy with their long-term growth objectives.

Players

Laura Alice Scaturro

Broker

$33.4M

vol

10 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

11.97%

Cash-on-Cash

-3.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93