Updated Dec 2, 2024
Rexford Industrial Acquires 3.82 Acre Office Property In Chatsworth For $15M
19900 Plummer Street, Chatsworth, California 91311, United States
$15,000,000
$345/SF
Building Size
43,472 SF
Asset Type
Office
Closing
Mar 29, 2022
About this deal
AI
An office property located at 19900 Plummer Street in Chatsworth has been sold in a recent transaction. The property sits on 3.82 acres of land and spans a total area of 43,472 square feet. The sale took place on March 30, 2022.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $15,000,000
- Market: Chatsworth
- Buyer: Rexford Industrial
- Seller: Korda Group
- Brokers: Ryan Plummer, Andrey Mindirgasov, Sean Fulp, Mark Schuessler & Chris Smith - Newmark
The buyer, Rexford Industrial, acquired the property from the seller, Korda Group. The transaction was facilitated by brokers Ryan Plummer, Andrey Mindirgasov, Sean Fulp, Mark Schuessler, and Chris Smith from Newmark. The sale price for the property was $15,000,000, resulting in a price per square foot of $345.
On the Map
$15,000,000
$345/SF
Office
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Players
Chatsworth Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.06%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93