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5525 McKinley Ave, Los Ange...

DAUM Commercial Real Estate & NAI West LA Sell Industrial Property On McKinley Ave In Los Angeles For $2.85M
SOLDIndustrial

DAUM Commercial Real Estate & NAI West LA Sell Industrial Property On McKinley Ave In Los Angeles For $2.85M

5525 McKinley Ave, Los Angeles, CA 90011, USA

$2,852,000

$190/SF

Building Size

15,000 SF

Asset Type

Industrial

Closing

Nov 8, 2020

AI

The industrial property located at 5525 McKinley Ave in Los Angeles has been sold in a recent transaction. The property spans 15,000 square feet and was sold for a price of $2,852,000, resulting in a price per square foot of $190.21.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $2,852,000
  • Address: 5525 McKinley Ave, Los Angeles
  • Market: Los Angeles
  • Broker: Bryan Abayan – DAUM Commerical Real Estate
  • Broker: Sam Kangavari – NAI West LA

Bryan Abayan from DAUM Commerical Real Estate and Sam Kangavari from NAI West LA represented the parties involved in this industrial property transaction.

Players

Bryan Abayan

Daum Commercial Real Estate Services

Broker

$7.1M

vol

4 deals

Broker

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

5.56%

Cash-on-Cash

-1.59%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93