Updated Oct 28, 2024
Oh By The Way LLC Acquires Industrial Property In Burbank For $5.1M
455 North Moss Street, Burbank, CA, USA
$5,100,000
$352/SF
Building Size
14,471 SF
Asset Type
Industrial
Closing
Jun 3, 2020
About this deal
AI
The industrial property located at 455 N Moss St in Burbank has been sold. The sale took place on June 3, 2021. The property, spanning 14,471 square feet, was sold for a total price of $5,100,000, resulting in a price per square foot of $352.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $5,100,000
- Address: 455 N Moss St, Burbank
- Square Footage: 14,471
The buyer in this transaction is Oh By The Way LLC, while the seller is A.T.S. Leasing. Representing the buyer is Brian Mallasch from Mallasch Estate and Michael Gilbert from Michael Gilbert Homes. On the seller's side, Chase Cohen, Ryan Serling, and Martin Agnew from the Agnew Serling Group facilitated the sale.
On the Map
$5,100,000
$352/SF
Industrial
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Players
Burbank 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
3.11%
Cash-on-Cash
-0.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93