Updated Aug 27, 2026
Eduard Karabet Acquires Industrial Property In North Hollywood For $3.5M
6865 Vineland Avenue, North Hollywood, CA 91605
$3,475,000
$298/SF
Building Size
11,648 SF
Asset Type
Industrial
Closing
Jul 30, 2020
About this deal
AI
Located at 6865 Vineland Ave in North Hollywood, this industrial property was recently sold in a transaction closed on July 30, 2021. The property spans across 11,648 square feet, with a sale price of $3,475,000, resulting in a price per square foot of $298.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $3,475,000
- Address: 6865 Vineland Ave
- Market: North Hollywood
The buyer of the property was Eduard Karabet. On the other hand, Thom Vandenberg and Cynthia Kelley acted as the sellers. The sale was facilitated by the representation of Chase Cohen, David Schatz, Martin Agnew, and Ryan Serling.
On the Map
$3,475,000
$298/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
4.56%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93