Updated Oct 29, 2024
LC LLC Acquires Industrial Property In Huntington Park For $3.7M
5609 Pacific Boulevard, Huntington Park, CA, USA
$3,700,000
$104/SF
Building Size
35,480 SF
Asset Type
Industrial
Closing
Aug 13, 2019
About this deal
AI
An industrial property located at 5609 Pacific Ave in Huntington Park has been sold for $3,700,000. The property spans 35,480 square feet and was sold at a price of $104.28 per square foot.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,700,000
- Address: 5609 Pacific Ave
- Market: Huntington Park
The buyer of the property is LC LLC, while the seller is Lugo CA INC. The transaction was facilitated by brokers Lenin Garcia from @realtygroupadvisors, Reyes Mejia from @elreylacali, Frank Sobeleske from @desronfranks, and Jafet Polanco from @jpolancs.
Players
Huntington Park 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
4.29%
Cash-on-Cash
-1.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93