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Image by Daniel Ingersoll
 5241 Craner Avenue
North Hollywood, CA 91601
just sold!

The Hirth Group is pleased to announce another successful closing! 5241 Craner Avenue is located in the highly coveted submarket of North Hollywood in the San Fernando Valley! Ethan Donel, Alex Reyhan & Daniel Hirth represented the buyer in this transaction. Through our experience and dominance in the North Hollywood submarket we were able to locate and secure the deal for our buyer while competing with multiple buyers. Once the property came to market  The Hirth Group knew the perfect buyer - The team worked in tandem with our buyer who owns a plethora of industrial assets in the immediate area to ensure a smooth transaction amidst the Covid-19 pandemic. The asset consisted of phenomenal warehouse space benefiting from the high ceilings, dual grade level doors, and a gated parking lot. Ultimately, we secured the deal for our investor at an all cash closing with a twenty-one-day due diligence period at a forty-day close including a seller lease back for sixty days. 

SALE PRICE: $2,800,000


The sale

Covid-19 Closing | Secured the Deal for Buyer Despite there being Multiple Offers
All Cash | 21 Day DD | 40 Day Close
Negotiated a 60 Day Seller Lease Back
8,456 SF Building & 14,498 SF Lot | High Ceilings | Excellent Gated Parking
Prime North Hollywood Submarket | NoHo Art's District
Ethan Donel

Investment Associate

310-300-3179 Direct

310-986-7697 Mobile

License CA: 02059315

Alex Reyhan

Vice President Investments

310-300-3181 Direct

310-259-3939 Mobile

License CA: 02005428

Daniel Hirth

Managing Director

310.300.2838 Direct

818.201.5268 Mobile

License CA: 01515796

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