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
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