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Andrew Te Acquires Multifamily Property In Ontario For $2.715 Million From Kathy Huynh

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SOLD
$2,715,000

California

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MultiFamily11,044 SF
Sold 02/27/2025
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Property Image
SOLD

Andrew Te Acquires Multifamily Property In Ontario For $2.715 Million From Kathy Huynh

1027 West E Street

See Similar Deals
MultiFamily11,044 SF
Sold 02/27/2025
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$245
Total Square Footage:11,044 SF
Transaction Type:Sale

The property involved in this transaction is located at 1027 West E Street in Ontario, classified as a multifamily asset. The sale was completed for a total price of $2,715,000, encompassing 12 units within a total square footage of 11,044. The price per unit is $226,250, and the price per square foot is $245.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $2,715,000
  • Units: 12
  • Square Footage: 11,044
  • Price Per Unit: $226,250
  • Price Per Square Foot: $245
  • Buyer: Andrew Te
  • Seller: Kathy Huynh
  • Brokers: Eric Chen & Justino L. Fa’aola - CBRE

The key individuals in this transaction include Andrew Te, who acted as the buyer, and Kathy Huynh, who served as the seller. The transaction was facilitated by brokers Eric Chen and Justino L. Fa’aola representing CBRE, playing a pivotal role in the completion of the deal.

Players

Eric Chen
108 deals$886.6M volume(626) 757-5717
BROKER

Justino L. Fa’aola
Compass
19 deals$78.4M volume(626) 315-7603
BROKER

Details

SOLD
IMAGE: Eric Chen & Justino L. Fa’aola DATE: 02/27/2025 ADDRESS: 1027 West E Street MARKET: Ontario ASSET TYPE: Multifamily BUYER: Andrew Te SELLER: Kathy Huynh BROKERS: Eric Chen (@Eric_c_Chen) & Justino L. Fa’aola (@JustinFaaola) - CBRE (@CBRE) SALE PRICE: $2,715,000 UNITS: 12 ~ PPU: $226,250 SF: 11,044 ~ PPSF: $245

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Debt Service Coverage Ratio (DSCR)

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