Updated Sep 16, 2025
Dominic Guadagno Sells Multifamily Asset In West Covina For $26.35M With Eric Chen & Justino L. Fa’aola As Brokers
2601 Valley Boulevard
$26,350,000
$356/SF
Building Size
73,826 SF
Asset Type
MultiFamily
Closing
Sep 10, 2025
About this deal
AI
A multifamily property located at 2601 Valley Boulevard in West Covina has been sold. The transaction was finalized for a price of $26,350,000, involving a total of 76 units. The total square footage of the asset is 73,826, resulting in a price per unit of $346,710 and a price per square foot of $356.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $26,350,000
- Units: 76
- Square Footage: 73,826
- Price Per Unit: $346,710
- Price Per Square Foot: $356
- Seller: Dominic Guadagno
- Brokers: Eric Chen & Justino L. Fa’aola - CBRE
The transaction involved key representatives Eric Chen and Justino L. Fa’aola from CBRE, who facilitated the sale process for the seller, Dominic Guadagno. Their involvement was crucial in navigating the complexities of the transaction.
On the Map
$26,350,000
$356/SF
MultiFamily
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Players
West Covina 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
0.60%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93