Updated Dec 21, 2023
CBRE's Eric Chen Represents Buyer In $9.7M Azusa Multifamily Sale
1345 N San Gabriel Ave, Azusa, CA 91702, Estados Unidos
$9,700,000
$27/SF
Building Size
352,080 SF
Asset Type
MultiFamily
Closing
Oct 13, 2020
About this deal
AI
The multifamily property located at 1345 N. San Gabriel Avenue in Azusa has been sold in a recent transaction. The property spans a total area of 35,208 square feet and was sold for a price of $9,700,000. This translates to a price per square foot of $275.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $9,700,000
- Address: 1345 N. San Gabriel Avenue, Azusa
- Market: Azusa
The buyer's representative for this transaction was Eric Chen from CBRE, while the seller was represented by Lauren Davis.
Players
Azusa 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
1.64%
Cash-on-Cash
-0.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93