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:
- Property Type: Industrial
- Transaction Amount: $3,100,000
- Buyer: Noam Ziv
- Seller: Ryan Moore
- Brokers: Blas Fernandez & Brian Vu - IKON Properties
- Address: 7046 Darby Avenue
- Market: Reseda
The sale was facilitated by Blas Fernandez and Brian Vu from IKON Properties, representing the buyer and seller in the transaction.
Players
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