Updated Oct 29, 2024
New Oak Ranch LLC Acquires Industrial Property In North Hollywood For $2.8M
5241 Craner Ave, Los Angeles, CA 91601, USA
$2,800,000
$331/SF
Building Size
8,456 SF
Asset Type
Industrial
Closing
Nov 3, 2020
About this deal
AI
The industrial property located at 5241 Craner Ave in North Hollywood has been sold for a total price of $2,800,000. The property spans 8,456 square feet, resulting in a price per square foot of $331. The transaction took place on November 4, 2020, with the buyer being New Oak Ranch LLC and the seller being Michael Behling Revocable Trust.
Summary of Transaction Details
- Property Type: Industrial
- Sale Price: $2,800,000
- Square Footage: 8,456
- Price per Square Foot: $331
- Address: 5241 Craner Ave, North Hollywood
Daniel Hirth, Ryan Serling, Alex Reyhan, Martin Agnew, Ethan Donel, and David Schatz represented New Oak Ranch LLC in the transaction. However, no additional information about the individuals or companies involved in the deal was provided.
Players
Los Angeles Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Browse California industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.67%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93