Frances Chen Acquires Industrial Property In Glendora For $10.9M
1332 S Lone Hill Ave Glendora, CA 91740, USA
$10,900,000
$265/SF
Building Size
41,004 SF
Asset Type
Industrial
Closing
Jun 9, 2023
AI
The industrial property located at 1332 South Lone Hill Avenue in Glendora has been sold. The property spans a total of 41,004 square feet, with a price per square foot of $266. The transaction took place on 06/09/2023.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $10,900,000
- Address: 1332 South Lone Hill Avenue
- Market: Glendora
The buyer of the property is Frances Chen, while the seller is Steve Rogers. The deal was facilitated by Kevin Ching and Justin Chiang from Lee & Associates.
Players
Los Angeles 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
1.46%
Cash-on-Cash
-0.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93