facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

California

/

Multifamily

/

Sale

/

144 E Baseline Rd San Dimas...

Updated Sep 9, 2024

SOLDMultiFamily

Marcus & Millichap Brokers $4.8M Sale Of Baseline Apartments In San Dimas

144 E Baseline Rd San Dimas, CA 91773, USA

$4,825,000

Units

16

Asset Type

MultiFamily

Closing

Apr 28, 2023

About this deal

AI

Marcus & Millichap has brokered the sale of Baseline Apartments, a 16-unit apartment property located at 144 & 150 E Baseline Rd. in San Dimas, California, for $4,825,000. The property spans two parcels totaling 0.86 acres and offers a mix of two and three-bedroom units. It was marketed as having an outstanding location and a high barrier to entry.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $4,825,000
  • Units: 16
  • Price Per Unit (PPU): $301,563
  • Address: 144 & 150 E Baseline Rd
  • Market: San Dimas
  • Acres: 0.86

The sale of Baseline Apartments was facilitated by Douglas McCauley & David Covarrubias, brokers from Marcus & Millichap.

Players

Douglas McCauley

Marcus & Millichap

Broker

$72.1M

vol

9 deals

Broker

Los Angeles MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Deal FAQ

About $301.6K per unit across 16 units on a published $4.8M (2023).

Visit Douglas McCauley to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.29%

Cash-on-Cash

-0.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets