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100 West Grand Avenue

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

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

100 West Grand Avenue

$2,775,000

$253/SF

Building Size

10,942 SF

Asset Type

MultiFamily

Closing

Jul 28, 2025

AI

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

Broker

$111.4M

vol

22 deals

Broker
 Maywood Property Group
Maywood Property GroupBrokerage

Alhambra MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.72%

Cash-on-Cash

-1.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93