Updated Jan 26, 2026
Bill Weaver Sells Multifamily Property In Covina For $1.54M With Brokers Eric Chen & Justino L. Fa’aola
238 South 4th Avenue
$1,540,000
$307/SF
Building Size
5,010 SF
Asset Type
MultiFamily
Closing
Dec 10, 2024
About this deal
AI
The property asset involved in the transaction is a multifamily building located at 238 South 4th Avenue in Covina. It was sold for $1,540,000 and comprises 7 units. The total square footage of the asset is 5,010, resulting in a price per unit of $220,000 and a price per square foot of $307.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,540,000
- Units: 7
- Square Footage: 5,010
- Price Per Unit: $220,000
- Price Per Square Foot: $307
- Seller: Bill Weaver
- Brokers: Eric Chen & Justino L. Fa’aola - CBRE
The transaction was facilitated by brokers Eric Chen and Justino L. Fa’aola from CBRE, who represented the interests of the parties in the deal.
On the Map
$1,540,000
$307/SF
MultiFamily
View full map
Players
Covina MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Justino L. Fa’aola to view all their deals.
Browse Covina multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.30%
Cash-on-Cash
-2.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93