Updated Dec 21, 2023
Los Angeles Department Of Water And Power Acquires University Campus In Atwater Village For $28M
3200 North San Fernando Road, Los Angeles, CA 90065, USA
$28,000,000
$107/SF
Building Size
261,360 SF
Asset Type
Other
Closing
Jan 6, 2020
About this deal
AI
Located in Atwater Village, the University campus at 3200 N San Fernando Road has been sold for a price of $28,000,000. This property spans across 261,360 square feet with a price per square foot of $117. The transaction took place on January 7, 2020.
Summary of transaction details
- Property Type: University campus
- Transaction Amount: $28,000,000
- Address: 3200 N San Fernando Road
- Market: Atwater Village
The seller of the property is Kenneth K. Lee and Margaret J. Lee, while the buyer is the Los Angeles Department of Water and Power.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.57%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93