Updated Dec 21, 2023
Greg Silver Sells Industrial Property In South Los Angeles For $5.9M
733 East 60th Street, Los Angeles, CA 90001, USA
$5,900,000
$147/SF
Building Size
40,000 SF
Asset Type
Industrial
Closing
Jun 9, 2019
About this deal
AI
A 40,000 square foot industrial property located at 733 E 60th St in South Los Angeles has been sold for $5,900,000. The property was sold by seller Greg Silver.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $5,900,000
- Square Footage: 40,000
- Address: 733 E 60th St
- Market: South Los Angeles
Mark Zakarian and Anthony Behar of Zakarian Real Estate served as the brokers in this deal.
The industrial sale at 733 East 60th Street, Los Angeles, CA 90001, USA in Los Angeles, California sold for $5.9M in 2019. The building is 40,000 square feet, implying about 147 per square foot on the published price. Named participants on the 733 East 60th Street, Los Angeles, CA 90001, USA sale are Mark Zakarian, Anthony Behar. This page is the Los Angeles, California file for the 733 East 60th Street, Los Angeles, CA 90001, USA industrial sold: pricing, party profiles, and other closed industrial comps from the same Los Angeles sit in the Market section below. Filter that Los Angeles industrial set by closing date to see what else sold near 733 East 60th Street, Los Angeles, CA 90001, USA around 2019. Published consideration for 733 East 60th Street, Los Angeles, CA 90001, USA is $5.9M, dated 2019. Cite this Greg Silver Sells Industrial Property In South Los Angeles For $5.9M sale when underwriting similar industrial product around Los Angeles, California.
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
2.69%
Cash-on-Cash
-0.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93