Updated Sep 9, 2024
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
About this deal
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.
On the Map
$1,800,000
$391/SF
Mixed-use
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Players
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