Updated Sep 9, 2024
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
About this deal
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.
On the Map
$1,180,000
$536/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
13.44%
Cash-on-Cash
-3.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93