Sarabjit Lambsar Purchases Mixed-use Asset In Apple Valley For $3.32M Represented By Boyett Team
SOLD
$3,320,000
California
See Similar DealsMixed-use26,719 SF
Sold 03/12/2026
SOLD
Sarabjit Lambsar Purchases Mixed-use Asset In Apple Valley For $3.32M Represented By Boyett Team
15762 Tuscola Road
See Similar DealsMixed-use26,719 SF
Sold 03/12/2026
Summary
CALIFORNIA
Asset Type:Mixed-use
Price Per Square Foot:$124
Total Square Footage:26,719 SF
Transaction Type:Sale
A mixed-use property located at 15762 Tuscola Road in the Apple Valley market was sold for $3,320,000. The asset encompasses a total square footage of 26,719, translating to a price per square foot of $124.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $3,320,000
- Address: 15762 Tuscola Road
- Market: Apple Valley
- Square Footage: 26,719
- Price per Square Foot: $124
- Buyer: Sarabjit Lambsar
- Seller: Lucy Lu
- Brokers: John Boyett & Diva Rescia - Boyett Team - CBRE
Representatives involved in the transaction included John Boyett and Diva Rescia, who worked through the Boyett Team at CBRE, facilitating the sale between the buyer and the seller.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$177,066.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,795.25
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,738.49
Annual Debt Service$188,861.93
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