Updated Dec 21, 2023
Ally Commercial Real Estate Facilitates $11.25M Industrial Property Sale In Los Angeles
Maple Avenue and East 15th Street, Los Angeles, California 90021, United States
$11,250,000
$358/SF
Building Size
31,355 SF
Asset Type
Industrial
Closing
May 3, 2022
About this deal
AI
An industrial property located at Maple Ave. & E. 15th St. in Los Angeles has been sold for $11,250,000. The property spans 31,355 square feet, resulting in a price per square foot of $358.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $11,250,000
- Address: Maple Ave. & E. 15th St., Los Angeles
- Market: Los Angeles
- Brokers: Eric Mandell, Luc Hawkshaw, and Jeffrey Ahn - Ally Commercial Real Estate
- Square Footage: 31,355
- Price Per Square Foot: $358
The transaction was facilitated by Eric Mandell, Luc Hawkshaw, and Jeffrey Ahn from Ally Commercial Real Estate. They represented the parties involved in the deal.
On the Map
$11,250,000
$358/SF
Industrial
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Players
Los Angeles 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
1.41%
Cash-on-Cash
-0.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93