Cindy Huang Acquires Arcadia Multifamily For $14.35M With Eric Chen & Joyce Goldstein Of CBRE
135 West Live Oak Avenue
$14,350,000
$437/SF
Building Size
32,801 SF
Asset Type
MultiFamily
Closing
Oct 7, 2022
AI
The multifamily property located at 135 W Live Oak Ave in Arcadia, CA has been sold for a total price of $14,350,000. The transaction took place on 10/07/2022. The property consists of 17 units, with an average price per unit (PPU) of $844,118. The total square footage of the property is 32,801, with a price per square foot (PPSF) of $437.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $14,350,000
- Address: 135 W Live Oak Ave, Arcadia, CA
- Market: Arcadia, CA
- Buyer: Cindy Huang
- Seller: Eric Pan
- Brokers: Eric Chen & Joyce Goldstein - CBRE
- Units: 17
- Average PPU: $844,118
- Total Square Footage: 32,801
- PPSF: $437
The buyer of the property is Cindy Huang, while the seller is Eric Pan. The deal was facilitated by brokers Eric Chen and Joyce Goldstein from CBRE.
Players
Arcadia 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
1.11%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93