Seung Choon Lim Acquires Mixed-Use Property In Irwindale For $8M
15805 Edna Place
$8,000,000
$260/SF
Building Size
30,680 SF
Asset Type
Mixed-use
Closing
Feb 20, 2023
AI
The mixed-use property located at 15805 Edna Place in Irwindale has been sold. The transaction took place on 02/20/2023, with a sale price of $8,000,000. The property spans 30,680 square feet, resulting in a price per square foot of $261.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $8,000,000
- Address: 15805 Edna Place, Irwindale
- Market: Irwindale
The buyer of the property is Seung Choon Lim, while Emil Khodorkovsky acted as the seller. Matthew Luchs and Brandon Michaels, from the Brandon Michaels Group, represented both parties as brokers in the deal.
Players
Market 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
1.98%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93