Dan Ironi Acquires Office Building In Inglewood For $3.1M
633 Aerick Street, Inglewood, CA 90301, USA
$3,100,000
$310/SF
Building Size
10,000 SF
Asset Type
Office
Closing
Aug 24, 2021
AI
The office property at 633 Aerick Street in Inglewood has been sold in a transaction that closed on August 24, 2021. The property, spanning 10,000 square feet, was sold for a price of $3,100,000, resulting in a price per square foot of $310.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $3,100,000
- Address: 633 Aerick Street
- Market: Inglewood
The buyer in this transaction was Dan Ironi, and the seller was Sara Soulati. The deal was facilitated by brokers Morgan McMullin, Dario Svidler, and Shaya Braverman.
Players
Inglewood Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.12%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93