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
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