Updated Sep 5, 2024
Aly Yeung Acquires Multifamily Property In Alhambra For $2.3M
101 S Cordova St Alhambra, CA 91801, USA
$2,300,000
$444/SF
Building Size
5,178 SF
Asset Type
MultiFamily
Closing
May 31, 2023
About this deal
AI
An multifamily property located at 101 Cordova Street in Alhambra has been sold for $2,300,000. The property consists of 6 units with an average price per unit of $383,333. The total square footage of the property is 5,178, resulting in a price per square foot of $444.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,300,000
- Units: 6
- Price per Unit: $383,333
- Square Footage: 5,178
- Price per Square Foot: $444
- Address: 101 Cordova Street
- Market: Alhambra
The buyer of the property is Aly Yeung, while the seller is Lindon Shiao. Eric Chen and Jenifer Tea Pham from CBRE represented both the buyer and seller in this transaction.
Players
Los Angeles 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
6.90%
Cash-on-Cash
-1.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93