Updated Oct 29, 2024
Ryan Manoocheri & Rodney Emrani Sell North Hollywood Industrial Property For $2.7M
7325 Atoll Ave, North Hollywood, CA, USA
$2,700,000
$267/SF
Building Size
10,100 SF
Asset Type
Industrial
Closing
Feb 25, 2021
About this deal
AI
An industrial property located at 7325 Atoll Ave in North Hollywood has recently been sold for a transaction amount of $2,700,000. The property spans across 10,100 square feet and is valued at an average price per square foot of $267.
Summary of Transaction Details
- Property Type: Industrial
- Transaction Amount: $2,700,000
- Address: 7325 Atoll Ave
- Market: North Hollywood
- Square Footage: 10,100
- Price per Square Foot: $267
The seller of the property is Ryan Manoocheri and Rodney Emrani, represented by Ryan Manoocheri and Rodney Emrani of Emrani Associates.
It is worth noting that Ryan Manoocheri and Rodney Emrani were interested in acquiring opportunistic or value-add industrial or commercial properties.
Players
North Hollywood 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
5.88%
Cash-on-Cash
-1.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93