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108 West Olive Avenue

Linda Taylor Acquires Multifamily Property From Jeffrey Capen In Redlands For $970000
SOLDMultiFamily

Linda Taylor Acquires Multifamily Property From Jeffrey Capen In Redlands For $970000

108 West Olive Avenue

$970,000

$305/SF

Building Size

3,172 SF

Asset Type

MultiFamily

Closing

Oct 22, 2025

AI

This multifamily property located at 108 West Olive Avenue in Redlands was sold for $970,000. The asset consists of 4 units, encompassing a total of 3,172 square feet, resulting in a price per unit of $242,500 and a price per square foot of $305.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $970,000
  • Units: 4
  • Square Footage: 3,172
  • Price Per Unit: $242,500
  • Price Per Square Foot: $305
  • Buyer: Linda Taylor
  • Seller: Jeffrey Capen
  • Seller's Rep: Eric Chen, Blake Torgerson & Kevin Sin - CBRE

Linda Taylor acquired the property from Jeffrey Capen, with the transaction facilitated by Eric Chen, Blake Torgerson, and Kevin Sin of CBRE, representing the seller in this deal.

Players

Blake Torgerson

CBRE

Broker

$286.1M

vol

48 deals

Broker

Redlands 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

16.35%

Cash-on-Cash

-4.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93