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John Jackson Jr. Acquires Industrial Property In Glendale, CA For $2.2M

Property Image
SOLD
$2,200,000
AC
JJ

California

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Industrial2,925 SF
Sold 10/19/2022
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Property Image
SOLD

John Jackson Jr. Acquires Industrial Property In Glendale, CA For $2.2M

632 Irving Ave, Glendale, CA 91201, USA

See Similar Deals
Industrial2,925 SF
Sold 10/19/2022
AC
JJ
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$752
Total Square Footage:2,925 SF
Transaction Type:Sale

A 2,925 square foot industrial property located at 632 Irving Ave in Glendale, CA was recently sold for $2,200,000. The property was purchased by John Jackson Jr. from Adam Carolla. The sale price equates to approximately $752 per square foot.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $2,200,000
  • Address: 632 Irving Ave, Glendale, CA

Brad McCoy and Paul Brehme from Lee & Associates West LA represented the buyer, John Jackson Jr., in the transaction. Martin Agnew and Ryan Serling from Agnew | Serling Group - Marcus & Millichap represented the seller, Adam Carolla.

Players

JJ
John Jackson Jr.
4 deals$21.2M volume
BUYER
AC
Adam Carolla
3 deals$11.4M volume
SELLER

Details

SOLD
IMAGE: Paul Brehme, Brad McCoy, Adam Carolla, Martin Agnew & Ryan Serling DATE: 10/19/2022 ADDRESS: 632 Irving Ave MARKET: Glendale, CA ASSET TYPE: Industrial BUYER: John Jackson Jr. SELLER: Adam Carolla (@AdamCarolla) BUYER'S REP: Brad McCoy (@BradfordMccoy) & Paul Brehme (@PaulBrehmeusa) - Lee & Associates West LA (@LeeWestLA) SELLER'S REP: Martin Agnew (@MartyAgnew) & Ryan Serling (@Ryanrs14) - Agnew | Serling Group (@AgnewSerlingGroup) - Marcus & Millichap (@MarcusMillichapEncino) SALE PRICE: $2,200,000 SF: 2,925 ~ PPSF: $752

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$7,816.15
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