Dolly Gee, Kelsey Harris & Kelvin Gee Acquire La Habra Heights Multifamily For $1.98M
1653 North Cypress Street, La Habra Heights, California 90631, United States
$1,980,000
$554/SF
Building Size
3,568 SF
Asset Type
MultiFamily
Closing
Sep 6, 2022
AI
A multifamily property located at 1653 N Cypress St in La Habra Heights, CA has been sold for a price of $1,980,000. The property consists of 2 units with a total square footage of 3,568. The price per unit is $990,000, while the price per square foot is $555.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,980,000
- Address: 1653 N Cypress St, La Habra Heights, CA
- Units: 2
- Square Footage: 3,568
- Price per Unit: $990,000
- Price per Square Foot: $555
The buyers of the property are Dolly Gee, Kelsey Harris, and Kelvin Gee. The seller is Ramses Garcia. Dolly Gee was represented by Cassandra Petersen from Coldwell Banker, while Kelsey Harris was represented by Geoffrey Frid from Compass. The seller was represented by Marcus Ibrahim from EXP Realty.
Players
La Habra Heights MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.01%
Cash-on-Cash
-2.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93