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733 East 60th Street, Los A...

Updated Dec 21, 2023

Bilt advertisement
Greg Silver Sells Industrial Property In South Los Angeles For $5.9M
SOLDIndustrial

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

Anthony Behar

Broker

$38.9M

vol

7 deals

Broker

Los Angeles Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $147 per square foot on a published $5.9M for 40,000 square feet (2019).

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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

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