Updated Dec 21, 2023
Chris Padian Acquires Multifamily Property In Los Gatos, CA For $10.3M
14 West Main Street, Los Gatos, California 95030, United States
$10,300,000
$893/SF
Building Size
11,526 SF
Asset Type
MultiFamily
Closing
Jan 9, 2022
About this deal
AI
The multifamily property located at 14 W Main St in Los Gatos, CA has been sold. The transaction took place on January 10, 2022. The property spans across 11,526 square feet and was sold for a price of $10,300,000, resulting in a price per square foot of $893.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $10,300,000
- Address: 14 W Main St, Los Gatos, CA
- Market: Los Gatos, CA
- Buyer: Chris Padian
- Seller: Vyvyan Nguyen
- Square Footage: 11,526
- Price per Square Foot: $893
Chris Padian acted as the buyer in this transaction, representing their own interests. Vyvyan Nguyen, on the other hand, acted as the seller. Both parties successfully completed the sale of this multifamily property in Los Gatos, CA.
Players
Los Gatos 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
1.54%
Cash-on-Cash
-0.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93