Updated Dec 21, 2023
Greg Alexanian Acquires Glendale Multifamily On 119 W Randolph St For $3.8M
119 W Randolph St, Glendale, CA, USA
$3,800,000
$360/SF
Building Size
10,552 SF
Asset Type
MultiFamily
Closing
Jul 30, 2019
About this deal
AI
A multifamily property located at 119 W Randolph St in Glendale was recently sold for $3,800,000. The transaction took place on July 31, 2019. The property, represented by Greg Alexanian from Alexanian Advisors, features various units.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,800,000
- Address: 119 W Randolph St
- Market: Glendale
Greg Alexanian from Alexanian Advisors was the broker representing the property in this sale. The deal was successfully closed, highlighting the expertise and negotiation skills of the involved parties.
Glendale 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
4.17%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93