Miaden Grbavac Acquires Mixed-use Property In El Monte From Christina Lam For $1.5M
4342 Peck Road
$1,500,000
$576/SF
Building Size
2,600 SF
Asset Type
Mixed-use
Closing
Aug 16, 2022
AI
4342 Peck Rd. in El Monte has recently been sold in a closed transaction. The mixed-use property was purchased for $1,500,000. Spanning across 2,600 square feet, this property offers a variety of potential uses for its new owner.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $1,500,000
- Address: 4342 Peck Rd., El Monte
- Market: El Monte
The buyer of this property is Miaden Grbavac, while the seller is Christina Lam. Representing the buyer, Eric S. Chavez, CCIM, Jorge Chavez, and Kerry Lam from CAREBF Inc. acted as brokers in this transaction.
CAREBF Inc., a real estate agency, facilitated the deal. They provide professional representation to ensure their clients' real estate needs are met with care and expertise.
Players
El Monte 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
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93