Rebecca Carringer Acquires Industrial Property From Harry Schlessinger In Los Angeles For $3.425M
2226 South Sepulveda Boulevard
$3,425,000
$252/SF
Building Size
13,585 SF
Asset Type
Industrial
Closing
Sep 19, 2025
AI
2226 South Sepulveda Boulevard is a two-story industrial property located in the highly sought-after Los Angeles market. The asset consists of 13,585 square feet and was sold for $3,425,000, translating to a price per square foot of $252. It is situated on a 9,521 square foot lot along Sepulveda Blvd, between Pico and Olympic, offering retail frontage in a high-visibility corridor.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,425,000
- Square Footage: 13,585 SF
- Price per Square Foot: $252
- Buyer: Rebecca Carringer
- Seller: Harry Schlessinger
- Buyer & Seller's Representatives: Elijah Suval, Daniel Hirth & Alex Reyhan - The Hirth Group
- Market: Los Angeles
- Lot Size: 9,521 SF
Elijah Suval, Daniel Hirth, and Alex Reyhan from The Hirth Group facilitated the transaction, demonstrating effective marketing strategies that resulted in an off-market sale. They structured a non-contingent, all-cash offer with a quick execution of a 10-day close, ensuring the property will be delivered vacant for the new owner to remodel.
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
4.63%
Cash-on-Cash
-1.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93