Updated Sep 11, 2026
Circled Triangle Properties Acquires Industrial Property In Van Nuys For $5.03M
7650 Gloria Avenue
$5,030,000
$422/SF
Building Size
11,900 SF
Asset Type
Industrial
Closing
Dec 2, 2022
About this deal
AI
The industrial property located at 7650 Gloria Avenue in Van Nuys has been sold in a transaction valued at $5,031,000. The property spans 11,900 square feet, resulting in a price per square foot of $423. The sale took place on 12/02/2022.
Summary of Transaction Details:
- Property Type: Industrial
- Transaction Amount: $5,031,000
- Address: 7650 Gloria Avenue, Van Nuys
- Market: Van Nuys
Blumes Tracy, representing Circled Triangle Properties, LLC, purchased the property from Dijon McFarlane, representing Dime HQ, LLC. The buyer was represented by Jake Zacuto and Connor Sears from Zacuto Group, along with Shaya Braverman from Compass.
On the Map
$5,030,000
$422/SF
Industrial
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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
3.15%
Cash-on-Cash
-0.90%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93