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1867 Temple Ave.

Updated Oct 15, 2026

Loan Secured By RRA Capital For MultiFamily Property At 1867 Temple Ave In Signal Hill For $2.875M
FINANCEDMultiFamily

Loan Secured By RRA Capital For MultiFamily Property At 1867 Temple Ave In Signal Hill For $2.875M

1867 Temple Ave.

$2,875,000

Building Size

—

Asset Type

MultiFamily

Closing

Oct 24, 2018

About this deal

AI

The property involved in this transaction is a MultiFamily asset located at 1867 Temple Ave., Signal Hill. The loan amount secured for this property is $2,875,000.00.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $2,875,000.00
  • Address: 1867 Temple Ave.
  • Market: Signal Hill
  • Lender: RRA Capital
  • Broker: Michael Anderson-Mitterling
  • Loan Date: 10/24/2018

The key individuals involved in the transaction include broker Michael Anderson-Mitterling representing the transaction, working alongside RRA Capital as the lender for the loan amount concerning the property. Their collaboration finalizes the deal effectively.

On the Map

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$2,875,000

MultiFamily

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Players

Michael Anderson-Mitterling

Ballast Real Estate Advisors

Broker

$68.8M

vol

5 deals

Broker
RRA Capital
RRA CapitalLender
VMG Properties
VMG PropertiesLandlord
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Signal Hill MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.52%

Cash-on-Cash

-1.58%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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