Salvador Torres Martinez Acquires Industrial Building In North Hollywood For $5 Million
8026 Lankershim Boulevard
$5,000,000
$578/SF
Building Size
8,640 SF
Asset Type
Industrial
Closing
Apr 17, 2026
AI
This industrial property located at 8026 Lankershim Boulevard in North Hollywood features a sale price of $5,000,000. The asset encompasses a total area of 8,640 square feet, resulting in a price per square foot of $578. The sale includes additional features such as car lifts and a vehicle spray booth for the new owner user.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,000,000
- Address: 8026 Lankershim Boulevard
- Market: North Hollywood
- Square Footage: 8,640
- Price Per Square Foot: $578
- Buyer: Salvador Torres Martinez
- Brokers: Henry Garcia, Jonathan Hasbun & Spencer Suh - Pivot Commercial Group
The transaction features Henry Garcia, Jonathan Hasbun, and Spencer Suh from Pivot Commercial Group representing the buyer, Salvador Torres Martinez, in this off-market deal.
Players
North Hollywood 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
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93