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2601 Valley Boulevard

Dominic Guadagno Sells Multifamily Asset In West Covina For $26.35M With Eric Chen & Justino L. Fa’aola As Brokers
SOLDMultiFamily

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

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.

Players

Eric Chen

CBRE

Broker

$886.6M

vol

108 deals

Broker
CBRE
CBREBrokerage

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