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10931 Valley Boulevard

Julio Crespo Acquires Mixed-Use Asset In El Monte For $1.8M
SOLDMixed-use

Julio Crespo Acquires Mixed-Use Asset In El Monte For $1.8M

10931 Valley Boulevard

$1,800,000

$391/SF

Building Size

4,598 SF

Asset Type

Mixed-use

Closing

Aug 1, 2022

AI

Located in El Monte, the mixed-use property at 10931 Valley Blvd. & 3641 Center Ave. has been sold in a recent transaction. The property spans a total of 4,598 square feet and was sold for a price of $1,800,000, resulting in a price per square foot of $391.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $1,800,000
  • Address: 10931 Valley Blvd. & 3641 Center Ave.
  • Market: El Monte

Julio Crespo acted as the buyer in this transaction, while Pilar Hanson served as the seller. The deal was facilitated by the brokers Elizabeth Clark and Laura Milshteyn from Douglas Elliman, along with Jay Martinez from Kidder Matthews.

Players

Jay Martinez

Kidder Mathews

Broker

$145.3M

vol

41 deals

Broker

Valley 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

8.81%

Cash-on-Cash

-2.52%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93