Lauren Valencia And Nick Hayner Purchase Multifamily Asset In Long Beach For $1.5M
SOLD
California
See Similar DealsMultiFamily4,266 SF
Sold 12/30/2025
SOLD
Lauren Valencia And Nick Hayner Purchase Multifamily Asset In Long Beach For $1.5M
1600 Junipero Avenue
See Similar DealsMultiFamily4,266 SF
Sold 12/30/2025
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$351
Total Square Footage:4,266 SF
Transaction Type:Sale
The asset involved in this transaction is a multifamily property located at 1600 Junipero Avenue in the Long Beach market. The sale price for this property was $1,500,000, encompassing a total square footage of 4,266, resulting in a price per square foot of $351.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,500,000
- Address: 1600 Junipero Avenue
- Market: Long Beach
- Square Footage: 4,266
- Price per Square Foot: $351
- Buyer: Lauren Valencia & Nick Hayner
- Seller: An Brat
- Broker: Chris Van Vuuren - Lyon Stahl; Nick Hayner - Maywood Property Group
Chris Van Vuuren of Lyon Stahl represented both the buyer and the seller in this transaction, facilitating the year-end deal between the involved parties.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$79,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,329.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,110.77
Annual Debt Service$85,329.18
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