Updated Sep 5, 2024
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
About this deal
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