Updated Dec 21, 2023
CBRE Brokers Kevin Foley, Mark Shaffer, And Mark Latimer Facilitate $14M Industrial Sale In West Los Angeles
West Los Angeles, Los Angeles, California, United States
$14,000,000
$538/SF
Building Size
26,000 SF
Asset Type
Industrial
Closing
Jun 27, 2022
About this deal
AI
An industrial property located in West Los Angeles has been sold for $14,000,000. The property spans 26,000 square feet and has a price per square foot of $538.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $14,000,000
- Date: 06/28/2022
- Market: West Los Angeles
- Brokers: Kevin Foley, Mark Shaffer, and Mark Latimer - CBRE
- Square Feet: 26,000
- Price per Square Foot: $538
The deal was facilitated by brokers Kevin Foley, Mark Shaffer, and Mark Latimer of CBRE.
The industrial sale at West Los Angeles, Los Angeles, California, United States in Los Angeles, California sold for $14M in 2022. The building is 26,000 square feet, implying about 538 per square foot on the published price. Mark Latimer, Mark Shaffer, Kevin Foley, CBRE appear on the sale alongside CBRE. This page is the Los Angeles, California file for the West Los Angeles, Los Angeles, California, United States industrial sold: pricing, party profiles, and other closed industrial comps from the same Los Angeles sit in the Market section below. Filter that Los Angeles industrial set by closing date to see what else sold near West Los Angeles, Los Angeles, California, United States around 2022. Published consideration for West Los Angeles, Los Angeles, California, United States is $14M, dated 2022. Cite this CBRE Brokers Kevin Foley, Mark Shaffer, And Mark Latimer Facilitate $14M Industrial Sale In West Los Angeles sale when underwriting similar industrial product around Los Angeles, California.
Players
Los Angeles Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Mark Latimer 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
1.13%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93