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13508 Penn Street

Updated Dec 4, 2024

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

About this deal

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.

On the Map

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$3,675,000

$280/SF

MultiFamily

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Players

Shane Young

Young Lewin Advisors

Broker

$21.2M

vol

6 deals

Broker
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Whittier MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $280 per square foot on a published $3.7M for 13,088 square feet (2024).

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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

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