Jae Kim Of Coramdeo Estates Acquires Industrial Property From Wei Wang For $5.25M In El Monte
SOLD
$5,250,000
+ 1
California
See Similar DealsIndustrial16,200 SF
Sold
SOLD
Jae Kim Of Coramdeo Estates Acquires Industrial Property From Wei Wang For $5.25M In El Monte
9640 Telstar Avenue
See Similar DealsIndustrial16,200 SF
Sold
+ 1
Summary
CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$324
Total Square Footage:16200 SF
Transaction Type:Sale
The property asset involved in this transaction is an industrial facility located at 9640 Telstar Avenue, in the El Monte market. The transaction was completed for a price of $5,250,000, covering an area of 16,200 square feet, resulting in a price per square foot of $324.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,250,000
- Square Footage: 16,200
- Price Per Square Foot: $324
- Buyer: Jae Kim - Coramdeo Estates
- Seller: Wei Wang - Narida Investment
- Broker: Justin Chiang & Kevin Ching - Team SGV Industrial - Lee & Associates
This transaction featured Jae Kim representing Coramdeo Estates as the buyer, while Wei Wang represented Narida Investment as the seller. The brokerage team of Justin Chiang and Kevin Ching facilitated the agreement through their association with Lee & Associates, highlighting their role in the successful closure of the deal.
Players
Details
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
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Similar News
No recent news available for this market
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 Listings
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
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$280,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$18,652.13
Cash-on-Cash Return-1.27%
Monthly Debt Service$24,887.68
Annual Debt Service$298,652.14
Is there something missing? Send suggestions