James Capital Advisors Brokers $3.75M Multifamily Sale In South Pasadena
1900 Huntington Drive, South Pasadena, California 91030, United States
$3,750,000
$408/SF
Building Size
9,174 SF
Asset Type
MultiFamily
Closing
Dec 3, 2021
AI
Located at 1900 Huntington Dr. in South Pasadena, this property is a multifamily asset. The transaction took place on December 4, 2021, with a sale price of $3,750,000. The property consists of 10 units, with a price per unit of $375,000. The total square footage is 9,174, resulting in a price per square foot of $408.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,750,000
- Units: 10
- Price per Unit: $375,000
- Square Footage: 9,174
- Price per Square Foot: $408
The deal was facilitated by the brokers Jocelyn Garcia, John Katnik, Mike Hanassab, and Elliot Hassan from James Capital Advisors.
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
4.23%
Cash-on-Cash
-1.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93