Updated Dec 21, 2023
Vu Tran Acquires Mixed-Use Property In Long Beach From Seller Virginia Vazquez For $1.85M
1031 East 4th Street, Long Beach, California 90802, United States
$1,850,000
$321/SF
Building Size
5,750 SF
Asset Type
Mixed-use
Closing
Apr 21, 2022
About this deal
AI
The mixed-use property located at 1031 E. 4th St. in Long Beach has been sold for a price of $1,850,000. The property spans across 5,750 square feet, resulting in a price per square foot of $321.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $1,850,000
- Address: 1031 E. 4th St.
- Market: Long Beach
The buyer of the property is Vu Tran, while Virginia Vazquez acted as the seller. The representatives for the seller in this deal were Ryan Sharpe from Kidder Mathews and Ali Lodin from LFA Multifamily.
Please note that no additional information is available regarding this transaction.
Players
Long Beach Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.57%
Cash-on-Cash
-2.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93