Updated Feb 12, 2024
Berkshire Hathaway HomeServices Acquires Warehouse In Los Angeles, CA For $3.83M
768 Ceres Avenue, Los Angeles, CA, USA
$3,830,500
$459/SF
Building Size
8,340 SF
Asset Type
Industrial
Closing
Nov 18, 2021
About this deal
AI
The warehouse located at 768 S Ceres Ave & 772 S Ceres Ave in Los Angeles, CA has been sold. The transaction took place on November 19, 2021.
Summary of transaction details:
- Property Type: Warehouse
- Transaction Amount: $3,830,500
- Square Footage: 8,340
- Price Per Square Foot: $459
- Address: 768 S Ceres Ave & 772 S Ceres Ave, Los Angeles, CA
- Market: Los Angeles, CA
No additional information regarding the individuals or companies involved in the deal was provided.
The industrial sale at 768 Ceres Avenue, Los Angeles, CA, USA in Los Angeles, California sold for $3.8M in 2021. The building is 8,340 square feet, implying about 459 per square foot on the published price. This page is the Los Angeles, California file for the 768 Ceres Avenue, Los Angeles, CA, USA industrial sold: pricing, party profiles, and other closed industrial comps from the same Los Angeles sit in the Market section below. Filter that Los Angeles industrial set by closing date to see what else sold near 768 Ceres Avenue, Los Angeles, CA, USA around 2021. Published consideration for 768 Ceres Avenue, Los Angeles, CA, USA is $3.8M, dated 2021. Cite this Berkshire Hathaway HomeServices Acquires Warehouse In Los Angeles, CA For $3.83M sale when underwriting similar industrial product around Los Angeles, California.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.14%
Cash-on-Cash
-1.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93