Jonathan Levy & Joe Levy Acquire Hollywood Industrial Property For $9.36M
5660 Rodman Street, 5718 Rodman Stree, 5801 Dawson Street & 5813 Dawson Street
$9,360,000
$52/SF
Building Size
177,600 SF
Asset Type
Industrial
Closing
Nov 21, 2023
AI
A industrial property located at 5660-5718 Rodman Street & 5801-5813 Dawson Street in Hollywood has been sold for a total of $9,360,000. The property spans approximately 44,400 square feet with a price per square foot of $211. The transaction took place on November 21, 2023. The seller in this deal is Ben Genet - Holly 1, while the buyers are Jonathan Levy and Joe Levy. The brokers involved in the transaction are Jason Abitbol from APEX Capital Realty.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $9,360,000
- Address: 5660-5718 Rodman Street & 5801-5813 Dawson Street, Hollywood
- Market: Hollywood
- Buyer: Jonathan Levy & Joe Levy
- Seller: Ben Genet - Holly 1
- Broker: Jason Abitbol - APEX Capital Realty
This transaction showcases the collaboration between Jonathan Levy, Joe Levy, and their broker representative Jason Abitbol from APEX Capital Realty. These individuals played key roles in the successful sale of the industrial property in Hollywood. The deal, which closed on November 21, 2023, concluded with a total sale price of $9,360,000. The property itself spans approximately 44,400 square feet, with each square foot valued at $211.
Players
Hollywood Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.69%
Cash-on-Cash
-0.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93