Updated Oct 29, 2024
Randall Parks Acquires Industrial Property In San Fernando Valley For $3.175M
7400 San Fernando Road, Sun Valley, San Fernando, CA, USA
$3,175,000
$307/SF
Building Size
10,324 SF
Asset Type
Industrial
Closing
Mar 8, 2020
About this deal
AI
An industrial property located at 7400 San Fernando Rd in San Fernando Valley has been sold. The property spans 10,324 square feet with a price of $3,175,000, resulting in a price per square foot of $307.54. The transaction took place on 03/09/2020.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $3,175,000
- Address: 7400 San Fernando Rd
- Market: San Fernando Valley
- Square Footage: 10,324
- Price per Square Foot: $307.54
The buyer of the property is Randall Parks, while the seller is Valencia Trust. The broker involved in the deal is Blas Fernandez from Blas Fernandez Realty.
Players
Pacoima 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
5.00%
Cash-on-Cash
-1.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93