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2600 Fairfield Place

Fong Mei Acquires Development Site In San Marino From Jill Jones For $2.25M
SOLDDevelopment Site

Fong Mei Acquires Development Site In San Marino From Jill Jones For $2.25M

2600 Fairfield Place

$2,250,000

$1,032/SF

Building Size

2,180 SF

Asset Type

Development Site

Closing

Sep 5, 2025

AI

The asset involved in this transaction is a development site located at 2600 Fairfield Place in San Marino. The sale was finalized at a price of $2,250,000, with a total square footage of 2,180 and a price per square foot of $1,032.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $2,250,000
  • Address: 2600 Fairfield Place
  • Market: San Marino
  • Square Footage: 2,180
  • Price per Square Foot: $1,032
  • Buyer: Fong Mei
  • Seller: Jill Jones
  • Broker: Nick Hayner - Maywood Property Group

This transaction involved buyer Fong Mei acquiring the property from seller Jill Jones. The broker representing the seller in this deal was Nick Hayner from Maywood Property Group, facilitating the transaction in the San Marino market.

Players

Nick Hayner

Maywood Property Group

Broker

$111.4M

vol

22 deals

Broker

San Marino Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.05%

Cash-on-Cash

-2.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93