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
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.
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