Chin Se Kim Acquires Mixed-Use Property In Anaheim For $31.9M
525 West La Palma Avenue
$31,955,000
$453/SF
Building Size
70,522 SF
Asset Type
Mixed-use
Closing
Nov 8, 2023
AI
A mixed-use property located at 525 West La Palma Avenue in Anaheim has been sold for a price of $31,955,000. The property has a total area of 70,522 square feet, resulting in a price per square foot of $453. The transaction took place on 11/08/2023.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $31,955,000
- Address: 525 West La Palma Avenue
- Market: Anaheim
- Square Footage: 70,522
- Price Per Square Foot: $453
The buyer of the property was Chin Se Kim. The seller was IBorrow Inc. Representing the buyer in the deal were Daniel Tyner, Geoff Tranchina, and Gleb Lvovich from JLL, along with Moon Lim from Daum Commercial Real Estate Services.
Players
Anaheim 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
0.50%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93