Multifamily Property In Pasadena Sold For $4.6M, Represented By Filip Niculete And Glen Scher
130 South Euclid Avenue, Pasadena, CA 91101, USA
$4,575,000
$584/SF
Building Size
7,830 SF
Asset Type
MultiFamily
Closing
Dec 19, 2019
AI
A multifamily property located at 130 S Euclid Ave in Pasadena has been sold for a price of $4,575,000. This property consists of 8 units and spans a total area of 7,830 square feet. The price per square foot comes out to be $584.29, making it an attractive investment opportunity. The transaction took place on 12/20/2019, indicating a recent sale in the Pasadena market.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,575,000
- Address: 130 S Euclid Ave
- Market: Pasadena
- Square Footage: 7,830
- Price per Square Foot: $584.29
- Units: 8
- Price per Unit: $571,875
The sale was facilitated by the following brokers: Filip Niculete, Glen Scher, Floyd Shaheen, and Emily Shikhvarger. They represent LA Apartment Advisors and Floyd Group CRE, respectively.
Players
Pasadena MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.47%
Cash-on-Cash
-0.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93