Updated Oct 28, 2024
Malaga Pico Property LLC Acquires Industrial Property In Pico Rivera For $5.4M
7831 Paramount Boulevard, Pico Rivera, California 90660, United States
$5,406,000
$271/SF
Building Size
19,950 SF
Asset Type
Industrial
Closing
Jun 8, 2022
About this deal
AI
An industrial property located at 7831 Paramount Blvd in Pico Rivera has been sold for $5,406,000. The property has a total area of 19,950 square feet and a price per square foot of $271. The lot size is 49,660 square feet, resulting in a price per lot size square foot of $109.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,406,000
- Address: 7831 Paramount Blvd, Pico Rivera
- Market: Pico Rivera
- Square Feet: 19,950
- Price per Square Foot: $271
- Lot Size: 49,660 square feet
- Price per Lot Size Square Foot: $109
The buyer for this transaction is Malaga Pico Property LLC, while the seller is Kodmur, Levy, Sheng, LLC. The deal was facilitated by Eric Reavis from Reavis Realty.
Players
Pico Rivera 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
2.93%
Cash-on-Cash
-0.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93