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8026 Lankershim Boulevard

Salvador Torres Martinez Acquires Industrial Building In North Hollywood For $5 Million
SOLDIndustrial

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

Henry Garcia

Pivot Commercial Group

Broker

$21.3M

vol

3 deals

Broker

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