Updated Oct 28, 2024
Xebec Acquires Industrial Asset On Hayvenhurst Ave In Van Nuys For $12.35M
7821 Hayvenhurst Avenue, Van Nuys, CA 91406, USA
$12,350,000
$305/SF
Building Size
40,387 SF
Asset Type
Industrial
Closing
Oct 8, 2021
About this deal
AI
An industrial property located at 7821 Hayvenhurst Ave. in Van Nuys has been sold in a recent transaction. The property spans 40,387 square feet and was sold for a price of $12,350,000, resulting in a price per square foot of $305.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $12,350,000
- Address: 7821 Hayvenhurst Ave.
- Market: Van Nuys
- Buyer: Xebec - Jay Soni & Usama Salim
- Seller: Milestone Holdings
- Broker: Joshua Cohan - NAI Capital
The buyer representatives involved in the deal were Jay Soni and Usama Salim from Xebec. The seller was Milestone Holdings. Joshua Cohan from NAI Capital represented the buyer in the transaction.
On the Map
$12,350,000
$305/SF
Industrial
View full map
Players
Van Nuys Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Joshua Cohan to view all their deals.
Browse California industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.28%
Cash-on-Cash
-0.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93