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5660 Rodman Street

Jonathan Levy & Joe Levy Acquire Hollywood Industrial Property For $9.36M
SOLDIndustrial

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

Jason Abitbol

APEX Capital Realty

Broker

$179M

vol

26 deals

Broker

Joe Levy

Buyer

$18.7M

vol

2 deals

Buyer
Benjamin Genet

Benjamin Genet

Genet Property Group

Seller

$185M

vol

12 deals

Seller

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