facebook
Traded Co logo
Submit

Casey Picard & Steve Chang Broker Development Site Sale In Playhouse District For $4.01M

Property Image
SOLD
$4,010,000

California

See Similar Deals
Development Site
Sold
the dealplayerscompscontact
Property Image
SOLD

Casey Picard & Steve Chang Broker Development Site Sale In Playhouse District For $4.01M

150 South Oak Knoll Avenue, Pasadena, CA, USA

See Similar Deals
Development Site
Sold
Contact now

Summary

CALIFORNIA
Asset Type:Development Site
Transaction Type:Sale

A development site in the Playhouse District has been sold for $4,010,000. Located at 139 and 150 S. Oak Knoll Ave, the property spans across 18,517 square feet. The sale price translates to a price per square foot of $216.56.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $4,010,000
  • Address: 139 and 150 S. Oak Knoll Ave
  • Market: Playhouse District
  • BSF: 18,517
  • PPBSF: $216.56

The deal was facilitated by brokers Casey Picard and Steve Chang.

Players

Casey Picard
7 deals$21.2M volume(626) 716-4451
BROKER

Steve Chang
Chang Investment Group
9 deals$68.8M volume(626) 381-9885
BROKER

Details

SOLD
IMAGE: Casey Picard & Steve Chang DATE: 02/21/2020 ADDRESS: 139, 150 S. Oak Knoll Ave MARKET: Playhouse District ASSET TYPE: Development Site PRICE: $4,010,000 BSF: 18,517 PPBSF: $216.56 BROKERS: Casey Picard & Steve Chang

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$213,866.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$14,246.69
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,009.45
Annual Debt Service$228,113.35