Private Investor Acquires North Hollywood Property At 7359 Fulton Ave For $3.25M With Clay Stevens As Seller's Rep
SOLD
California
See Similar DealsIndustrial7,865 SF
SOLD
Private Investor Acquires North Hollywood Property At 7359 Fulton Ave For $3.25M With Clay Stevens As Seller's Rep
7359 Fulton Ave, North Hollywood, CA...
See Similar DealsIndustrial7,865 SF
Summary
CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$413
Total Square Footage:7,865 SF
Transaction Type:Sale
The property located at 7359 Fulton Ave, North Hollywood, CA is involved in a sale transaction. It has a total square footage of 7,865 and was sold for a price of $3,250,000. The market for this property is North Hollywood.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $3,250,000.00
- Address: 7359 Fulton Ave, North Hollywood, CA
- Market: North Hollywood
- Buyer: Private Investor
- Seller's Representative: Clay Stevens (Lee & Associates)
This transaction highlights the involvement of key individuals, particularly the buyer, who is a private investor, and the seller's representative, Clay Stevens from Lee & Associates, facilitating the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$173,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,546.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,406.66
Annual Debt Service$184,879.90
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