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707 Vesta St Inglewood, CA ...

Chris Sagryan Acquires Industrial Property In Inglewood For $1.18M
SOLDIndustrial

Chris Sagryan Acquires Industrial Property In Inglewood For $1.18M

707 Vesta St Inglewood, CA 90302, USA

$1,180,000

$536/SF

Building Size

2,200 SF

Asset Type

Industrial

Closing

Mar 23, 2023

AI

An industrial property located at 707 Vesta Street in Inglewood has been sold in a recent transaction. The property spans a total of 2,200 square feet and was sold for a price of $1,180,000, which translates to approximately $536 per square foot.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $1,180,000
  • Square Footage: 2,200
  • Market: Inglewood

The buyer of the industrial property is Chris Sagryan, while the seller is Richard Purdy. Representing the buyer in this deal is Daniel Hirth from The Hirth Group, and representing the seller is Elijah Suval from Keller Williams.

Players

Elijah Suval

Keller Williams Realty

Broker

$47.5M

vol

23 deals

Broker

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

13.44%

Cash-on-Cash

-3.84%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93