Updated Sep 5, 2024
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...
$3,250,000
$413/SF
Building Size
7,865 SF
Asset Type
Industrial
Closing
Nov 19, 2023
About this deal
AI
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.
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
4.88%
Cash-on-Cash
-1.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93