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16545 Gault Street

Jacob Rad Acquires Industrial Asset From Dean Berkus In Van Nuys For $2 Million
SOLDIndustrial

Jacob Rad Acquires Industrial Asset From Dean Berkus In Van Nuys For $2 Million

16545 Gault Street

$2,000,000

$271/SF

Building Size

7,360 SF

Asset Type

Industrial

Closing

Jun 10, 2026

AI

The property asset involved in this transaction is an industrial property located at 16545-16555 Gault St & 7100 De Celis Place in the market of Van Nuys. The sale price of the property was $2,000,000, encompassing a total square footage of 7,360, resulting in a price per square foot of $271.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $2,000,000
  • Buyer: Jacob Rad
  • Seller: Dean Berkus
  • Brokers: Josh Yaris, Ryan Rothstein-Serling & Martin Agnew - Agnew Serling Group - Marcus & Millichap

This transaction was managed by brokers Josh Yaris, Ryan Rothstein-Serling, and Martin Agnew, all affiliated with the Agnew Serling Group under Marcus & Millichap, representing both the buyer and the seller in the deal.

Players

Martin Agnew

Marcus & Millichap

Broker

$442.8M

vol

121 deals

Broker

Jacob Rad

Buyer

$81M

vol

4 deals

Buyer

Van Nuys 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

7.93%

Cash-on-Cash

-2.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93