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Rong Jun Acquires Multifamily Property At 100 West Grand Avenue In Alhambra For $2.75M

Property Image
SOLD
$2,775,000

California

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MultiFamily10,942 SF
Sold 07/28/2025
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Property Image
SOLD

Rong Jun Acquires Multifamily Property At 100 West Grand Avenue In Alhambra For $2.75M

100 West Grand Avenue

See Similar Deals
MultiFamily10,942 SF
Sold 07/28/2025
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$253
Total Square Footage:10,942 SF
Transaction Type:Sale

This multifamily asset is located at 100 West Grand Avenue in Alhambra. The property was sold for $2,750,000 with a total square footage of 10,942, resulting in a price per square foot of $251.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,750,000
  • Buyer: Rong Jun
  • Seller: Wen Birkenfeld
  • Broker: Nick Hayner - Maywood Property Group
  • Date of Sale: 07/28/2025
  • Market: Alhambra
  • Note from Broker: Multiple offers received off-market. Deal was non-contingent at acceptance.

The transaction involved Rong Jun as the buyer and Wen Birkenfeld as the seller, facilitated by broker Nick Hayner from Maywood Property Group. This deal was characterized by the reception of multiple offers and a non-contingent acceptance, indicating a competitive interest in the property.

Players

Nick Hayner
Maywood Property Group
Nick Hayner
21 deals$110.4M volume(310) 994-9158
BROKER
Maywood Property Group
Maywood Property Group
BROKERAGE

Details

SOLD
IMAGE: Nick Hayner DATE: 07/28/2025 ADDRESS: 100 West Grand Avenue MARKET: Alhambra ASSET TYPE: Multifamily BUYER: Rong Jun SELLER: Wen Birkenfeld BROKER: Nick Hayner - Maywood Property Group SALE PRICE: $2,750,000 SF: 10,942 ~ PPSF: $251 NOTE FROM BROKER: Multiple offers received off-market. Deal was non-contingent at acceptance.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$148,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$9,858.98
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,154.92
Annual Debt Service$157,858.99