Updated May 12, 2025
WPE Partners Acquires Industrial Property On S Victoria Ave In $2.99M Deal
6821 South Victoria Avenue, Los Angeles, CA 90043, USA
$2,990,000
$332/SF
Building Size
9,000 SF
Asset Type
Industrial
Closing
Mar 21, 2019
About this deal
AI
The property asset involved in the transaction is an industrial property located at 6821 S Victoria Ave. It sold for $2,990,000, encompassing a total square footage of 9,000, which equates to a price per square foot of $332.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,990,000
- Square Footage: 9,000
- Price per Square Foot: $332
- Buyer: WPE Partners
- Seller: Pierre Noble, Cedric Ballet
- Brokers: Ikem Chukumerije - WPE Partners
The key individuals involved in this transaction include the buyer, WPE Partners, and the sellers, Pierre Noble and Cedric Ballet. The brokerage representation for this deal was provided by Ikem Chukumerije from WPE Partners.
On the Map
$2,990,000
$332/SF
Industrial
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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
5.31%
Cash-on-Cash
-1.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93