Updated Dec 19, 2023
Labandwagon, Floyd Shaheen & Loralie Ogden Broker Sale Of Mid City Industrial Property For $5.4M
5444 West Washington Boulevard, Mid City, Los Angeles, CA, USA
$5,400,000
$538/SF
Building Size
10,021 SF
Asset Type
Industrial
Closing
May 12, 2019
About this deal
AI
The industrial property located at 5444-5458 West Washington Boulevard in Mid City has been sold for a total amount of $5,400,000. The property spans across 10,021 square feet, resulting in a price per square foot of $538. The transaction took place on 05/13/2019.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $5,400,000
The deal was facilitated by Floyd Shaheen from @labandwagon and Loralie Ogden. Both brokers played a key role in the successful completion of the transaction.
The industrial sale at 5444 West Washington Boulevard, Mid City, Los Angeles, CA, USA in Los Angeles, California sold for $5.4M in 2019. The building is 10,021 square feet, implying about 538 per square foot on the published price. Floyd Shaheen, Loralie Ogden, CBRE, Marcus & Millichap appear on the sale alongside CBRE, Marcus & Millichap. This page is the Los Angeles, California file for the 5444 West Washington Boulevard, Mid City, Los Angeles, CA, USA industrial sold: pricing, party profiles, and other closed industrial comps from the same Los Angeles sit in the Market section below. Filter that Los Angeles industrial set by closing date to see what else sold near 5444 West Washington Boulevard, Mid City, Los Angeles, CA, USA around 2019. Published consideration for 5444 West Washington Boulevard, Mid City, Los Angeles, CA, USA is $5.4M, dated 2019. Cite this Labandwagon, Floyd Shaheen & Loralie Ogden Broker Sale Of Mid City Industrial Property For $5.4M sale when underwriting similar industrial product around Los Angeles, California.
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
2.94%
Cash-on-Cash
-0.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93