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
Alhambra MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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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