JohnHart Commercial Brokers $1.08M Industrial Sale In San Fernando Valley
SOLD
$1,075,000
California
See Similar DealsIndustrial1,728 SF
Sold 02/15/2022
SOLD
JohnHart Commercial Brokers $1.08M Industrial Sale In San Fernando Valley
7706 Clyborne Avenue, Sun Valley, California 91352, United States
See Similar DealsIndustrial1,728 SF
Sold 02/15/2022
Summary
CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$622
Total Square Footage:1,728 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$57,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,819.25
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,096.05
Annual Debt Service$61,152.58
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