facebook
Traded Co logo
Submit

MCA Realty Acquires Industrial And Office Building In Los Angeles For $7.5M

Property Image
SOLD
$7,500,000

California

See Similar Deals
Office137,465 SF
Sold 05/03/2018
the dealdetailscomps
Property Image
SOLD

MCA Realty Acquires Industrial And Office Building In Los Angeles For $7.5M

14399 Princeton Avenue, Ventura, CA, USA

See Similar Deals
Office137,465 SF
Sold 05/03/2018

Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$54
Total Square Footage:137,465 SF
Transaction Type:Sale

Two properties located at 14399 Princeton Ave and 14401 Abbot Kinney Blvd in Los Angeles have been sold in a recent transaction. The properties consist of an industrial building and an office building, with a total area of 137,465 square feet. The sale price for these properties was $7,500,000, resulting in a price per square foot of $54. The transaction took place in Ventura County.

Summary of transaction details

  • Property Type: Industrial and Office Building
  • Transaction Amount: $7,500,000
  • Address: 14399 Princeton Ave and 14401 Abbot Kinney Blvd, Los Angeles
  • Property Area: 137,465 square feet
  • Price Per Square Foot: $54
  • Market: Ventura County

MCA Realty, represented by Tyler Mattox, Jared Gordon, and Peter Cheng, acquired the properties from a private seller. The involvement of these individuals and their company adds a distinctive perspective to the transaction, showcasing their role as the buyer in this deal.

Players

SELLER

Details

SOLD
IMAGE: Tyler Mattox, Jared Gordon and Peter Cheng DATE: 05/03/2018 ADDRESS: 14399 Princeton Ave and 14401 Abbot Kinney Blvd CITY: Los Angeles MARKET: Ventura County ASSET TYPE: Industrial and Office Building PRICE: $7,500,000 SF: 137,465 sf PPSF: $54 SELLER: Private Seller BUYER: MCA Realty - Tyler Mattox, Jared Gordon and Peter Cheng

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$400,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$26,645.91
Cash-on-Cash Return-1.27%
Monthly Debt Service$35,553.83
Annual Debt Service$426,645.92