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2226 South Sepulveda Boulevard

Rebecca Carringer Acquires Industrial Property From Harry Schlessinger In Los Angeles For $3.425M
SOLDIndustrial

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

Elijah Suval

Keller Williams Realty

Broker

$47.5M

vol

23 deals

Broker
The Hirth Group
The Hirth GroupBrokerage

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