Updated Dec 21, 2023
Young Ko Acquires Industrial Property In West Adams For $6M
5119 West Washington Boulevard, West, Los Angeles, CA, USA
$6,000,000
$392/SF
Building Size
15,295 SF
Asset Type
Industrial
Closing
Mar 26, 2020
About this deal
AI
An industrial property located at 5111 & 5119 Washington Blvd in West Adams has recently been sold for a price of $6,000,000. The property spans across 15,295 square feet and has been transacted at an average price of $392.29 per square foot.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $6,000,000
- Address: 5111 & 5119 Washington Blvd, West Adams
- Market: West Adams
- Square Footage: 15,295 sqft
- Price per Square Foot: $392.29
The buyer for this industrial property is Young Ko, while the seller is Hun Ko. The deal was facilitated by Brandon Michaels from the brokerage firm.
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
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93