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10150 Foothill Boulevard

Updated Dec 4, 2024

Ronald Morillo Represents Buyer In $3.4M Sale Of 2.5-Acre Land In Sylmar
SOLDLand

Ronald Morillo Represents Buyer In $3.4M Sale Of 2.5-Acre Land In Sylmar

10150 Foothill Boulevard

$3,400,000

Building Size

—

Asset Type

Land

Closing

Oct 16, 2024

About this deal

AI

10150 Foothill Boulevard is a 2.5-acre land parcel located in Sylmar, sold for $3,400,000. The property features extensive frontage for easy access and is situated just off the 210 Freeway in a well-connected area between the San Fernando Valley and surrounding communities.

Summary of transaction details:

  • Property Type: Land
  • Transaction Amount: $3,400,000
  • Address: 10150 Foothill Boulevard
  • Market: Sylmar
  • Land Area: 2.5 acres
  • Buyer's Representative: Ronald Morillo
  • Seller's Representative: Rod McIntosh - EXP Realty of California Inc

Ronald Morillo represented the buyer in this transaction, facilitating the purchase of the property. The seller, Rod McIntosh, is affiliated with EXP Realty of California Inc, overseeing the sale process. The land parcel presents multiple potential uses, aligning with the strategic location and accessibility offered by its positioning off the 210 Freeway.

On the Map

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$3,400,000

Land

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Players

Rod McIntosh

EXP Realty

Broker

$63.3M

vol

2 deals

Broker
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Sylmar Land Market Snapshot

Boundary boundary · Land · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.67%

Cash-on-Cash

-1.33%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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