Adam Zenou Acquires Office Building In Downey, CA For $3.7M
SOLD
$3,725,000
+ 1
California
See Similar DealsOffice8,156 SF
Sold 03/01/2022
SOLD
Adam Zenou Acquires Office Building In Downey, CA For $3.7M
8202 Florence Ave,Downey, CA
See Similar DealsOffice8,156 SF
Sold 03/01/2022
+ 1
Summary
CALIFORNIA
Asset Type:Office
Price Per Square Foot:$456
Total Square Footage:8,156 SF
Transaction Type:Sale
An office property located at 8202 Florence Ave in Downey, CA has been sold for $3,725,000. The property spans across 8,156 square feet, resulting in a price per square foot of $456. The sale took place on March 1, 2022.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $3,725,000
The buyer of the property is Adam Zenou, while the seller is Julie Trantham. The transaction was facilitated by brokers Phil Taggart, John Anthony, Chris Steck, and Chris Giordano from Kidder Mathews.
Players
Details
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
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
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.
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
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$198,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$13,234.13
Cash-on-Cash Return-1.27%
Monthly Debt Service$17,658.40
Annual Debt Service$211,900.80
Is there something missing? Send suggestions