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15805 Edna Place

SOLDMixed-use

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

Brandon Michaels

Marcus & Millichap

Broker

$755.4M

vol

139 deals

Broker

Emil Khodorkovsky

Seller

$25M

vol

2 deals

Seller

Market Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

Loading comparables…

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