Tina Lin Purchases El Monte Multifamily Property From Chen Joe For $2.35M With Broker Nick Hayner
SOLD
$2,350,000
California
See Similar DealsMultiFamily5,188 SF
Sold 07/15/2025
SOLD
Tina Lin Purchases El Monte Multifamily Property From Chen Joe For $2.35M With Broker Nick Hayner
11102 Bonwood Road
See Similar DealsMultiFamily5,188 SF
Sold 07/15/2025
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$453
Total Square Footage:5,188 SF
Transaction Type:Sale
The property asset involved in the transaction is a multifamily building located at 11102 Bonwood Road in El Monte. The sale price for the asset was $2,350,000, with a total square footage of 5,188, resulting in a price per square foot of $452.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,350,000
- Address: 11102 Bonwood Road
- Market: El Monte
- Square Footage: 5,188
- Price Per Square Foot: $452
- Buyer: Tina Lin
- Seller: Chen Joe
- Broker: Nick Hayner - Maywood Property Group
Robert Winters from the Commercial Division of RE/MAX TIME Realty represented the buyer, Tina Lin, in this transaction, highlighting the collaborative effort in closing the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$125,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,349.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,140.20
Annual Debt Service$133,682.39
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