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
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