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7706 Clyborne Avenue, Sun V...

JohnHart Commercial Brokers $1.08M Industrial Sale In San Fernando Valley
SOLDIndustrial

JohnHart Commercial Brokers $1.08M Industrial Sale In San Fernando Valley

7706 Clyborne Avenue, Sun Valley, California 91352, United States

$1,075,000

$622/SF

Building Size

1,728 SF

Asset Type

Industrial

Closing

Feb 14, 2022

AI

An industrial property located at 7706 Clybourn Ave in the San Fernando Valley was recently sold for a price of $1,075,000. This property spans 1,728 square feet, resulting in a price per square foot of $622. The transaction took place on 02/15/2022 and was captured in an image by Alex Matevosian.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $1,075,000
  • Address: 7706 Clybourn Ave
  • Market: San Fernando Valley
  • Image: Alex Matevosian
  • Date: 02/15/2022

Ricardo Grasso sold the property to Art Taran, with the deal facilitated by JohnHart Commercial. The buyer and seller were represented by their respective brokers in this transaction.

Players

Alex Matevosian

MIG Commercial Real Estate Services

Broker

$12.6M

vol

8 deals

Broker
JohnHart Real Estate
JohnHart Real EstateBrokerage

Sun Valley 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

14.76%

Cash-on-Cash

-4.22%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93