Updated Oct 28, 2024
Oscar Diaz Acquires Multifamily Property In South Pasadena For $3.3M
1750 Gillette Crescent, South Pasadena, CA 91030, USA
$3,300,000
$298/SF
Building Size
11,042 SF
Asset Type
MultiFamily
Closing
May 14, 2020
About this deal
AI
A multifamily property located at 1750 Gillette Crescent in South Pasadena has recently been sold for a total price of $3,300,000. The property consists of 10 units, with a price per unit of $330,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,300,000
- Address: 1750 Gillette Crescent
- Market: South Pasadena
The buyer, Oscar Diaz, acquired the property from the seller, Wang Jaw J & Jenn Trust. The seller was represented by Daniel Withers, John Boyett, and Joseph Nofal. Daniel Withers, acting as the seller's representative, facilitated the transaction.
NOTE: No additional information is available regarding the deal participants or any other noteworthy details.Players
South Pasadena 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
4.81%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93