Just Closed | 13201-13209 Saticoy St, North Hollywood

IREA is pleased to announce the closing of 13201–13209 Saticoy Street in North Hollywood for $6,252,600. Partner Jonathan Krikorian represented the seller in this successful transaction.

This versatile owner/user industrial property features two freestanding buildings totaling approximately 18,436 SF on a 17,690 SF lot. The front building was delivered vacant for owner-user occupancy, while the rear building provides in-place income from short-term tenants, along with additional passive income from a cell tower lease. The transaction was financed through an SBA loan, allowing the buyer to acquire the property with a low down payment.