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7046 Darby Avenue

Noam Ziv Acquires Industrial Property In Reseda For $3.1M
SOLDIndustrial

Noam Ziv Acquires Industrial Property In Reseda For $3.1M

7046 Darby Avenue

$3,100,000

$641/SF

Building Size

4,835 SF

Asset Type

Industrial

Closing

May 7, 2024

AI

The industrial property located at 7046 Darby Avenue in Reseda was successfully sold in a recent transaction. The property spans 4,835 square feet with a sale price of $3,100,000, resulting in a price per square foot of $641.

Summary of transaction details:

The sale was facilitated by Blas Fernandez and Brian Vu from IKON Properties, representing the buyer and seller in the transaction.

Players

Blas Fernandez

IKON Properties

Broker

$88.5M

vol

33 deals

Broker

Reseda 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

5.12%

Cash-on-Cash

-1.46%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93