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101 S Cordova St Alhambra, ...

Updated Sep 5, 2024

Aly Yeung Acquires Multifamily Property In Alhambra For $2.3M
SOLDMultiFamily

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.

On the Map

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$2,300,000

$444/SF

MultiFamily

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Players

Eric Chen

CBRE

Broker

$1B

vol

120 deals

Broker

Lindon Shiao

Seller

$4.1M

vol

2 deals

Seller
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Los Angeles MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $444 per square foot on a published $2.3M for 5,178 square feet (2023).

Visit Eric Chen to view all their deals.

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

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