Updated Oct 29, 2024
Christina & Otieno Okatch Acquire Mixed-Use Asset In Bellflower For $1.1M
16700 Bellflower Boulevard, Bellflower, CA, USA
$1,065,325
$215/SF
Building Size
4,955 SF
Asset Type
Mixed-use
Closing
Dec 13, 2020
About this deal
AI
The mixed-use property located at 16700 Bellflower Boulevard in Bellflower has been sold in a recent transaction. The property spans 4,955 square feet and was sold for a price of $1,065,325, resulting in a price per square foot of $215. The sale took place on December 14, 2020.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $1,065,325
- Market: Bellflower
- Address: 16700 Bellflower Boulevard
The buyers of the property are Christina & Otieno Okatch, while the sellers are Badlani Trust. The transaction was facilitated by Elizabeth Clark from Elizabeth Clark & Tenere Williams from Tenere Williams. They represented the respective parties in the deal.
Players
Bellflower 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
14.89%
Cash-on-Cash
-4.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93