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13508 Penn Street

Daniel Gomez & Shane Young Sell Whittier Multifamily Property For $3.67M
SOLDMultiFamily

Daniel Gomez & Shane Young Sell Whittier Multifamily Property For $3.67M

13508 Penn Street

$3,675,000

$280/SF

Building Size

13,088 SF

Asset Type

MultiFamily

Closing

Mar 13, 2024

AI

In Whittier, a multifamily property located at 13508 Penn Street was sold for $3,675,000. The property comprises 13 units with a price per unit of $282,692 and spans 13,088 square feet, resulting in a price per square foot of $281.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,675,000
  • Units: 13
  • Price per Unit: $282,692
  • Square Footage: 13,088
  • Price per Square Foot: $281
  • Address: 13508 Penn Street
  • Market: Whittier

The transaction of the multifamily property at 13508 Penn Street in Whittier was facilitated by Daniel Gomez and Shane Young of Young Lewin Advisors.

Players

Shane Young

Young Lewin Advisors

Broker

$21.2M

vol

6 deals

Broker

Whittier 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

4.32%

Cash-on-Cash

-1.23%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93