SOLDMultiFamily
Vivian Won Purchases Multifamily Property At 201 South Meridian Avenue For $1,065,000
201 South Meridian Avenue
$1,065,000
$517/SF
Building Size
2,057 SF
Asset Type
MultiFamily
Closing
Jul 6, 2026
AI
The property involved in this transaction is a multifamily asset located at 201 South Meridian Avenue in the Alhambra market. The sale price amounted to $1,065,000, and the property encompasses a total of 2,057 square feet, resulting in a price per square foot of $517.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $1,065,000
- Address: 201 South Meridian Avenue
- Market: Alhambra
- Square Footage: 2,057
- Price Per Square Foot: $517
- Buyer: Vivian Won
- Seller: Frances Villa
- Brokers: Nick Hayner & Andy Chan -Maywood Property Group
- Offers Received: Five
- Closed Amount Above List Price: $15,000
Nick Hayner and Andy Chan co-represented both the Seller and Buyer in this transaction. Notably, Nick Hayner has successfully closed three apartment building transactions in Alhambra within the last 12 months.
Players
Alhambra 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
14.89%
Cash-on-Cash
-4.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93