Updated Oct 2, 2026
SOLDIndustrial
Saeed Kohanoff & Associates Sell Industrial Property In Monterey For $3.95M
899 Hawthorne Street
$3,950,000
$288/SF
Building Size
13,700 SF
Asset Type
Industrial
Closing
Mar 25, 2021
About this deal
AI
Located at 899 Hawthorne St., this industrial property in Monterey was recently sold in a closed transaction. The property spans 1,345 square feet and sits on a lot measuring 13,700 square feet. The sale took place on March 26, 2021.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,950,000
- Address: 899 Hawthorne St.
- Market: Monterey
In this transaction, Saeed Kohanoff & Associates acted as the seller. The buyer was represented by Chandler Kelley, and the seller's representative was @JustinKohanoff.
On the Map
$3,950,000
$288/SF
Industrial
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Players
Monterey 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
4.02%
Cash-on-Cash
-1.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93