Updated Nov 5, 2025
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
About this deal
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.
On the Map
$970,000
$305/SF
MultiFamily
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Players
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