Shawn Elihu And Robin Elihu Acquire Multifamily Property In Temecula For $5.3 Million
28465 Felix Valdez Avenue
$5,300,000
$294/SF
Building Size
18,023 SF
Asset Type
MultiFamily
Closing
Sep 17, 2025
AI
The property asset involved in this transaction is a multifamily unit located at 28465 Felix Valdez Avenue in Temecula. The sale price for the asset was $5,300,000, encompassing 20 units with a total square footage of 18,023. The price per unit stands at $265,000, and the price per square foot is $294.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $5,300,000
- Address: 28465 Felix Valdez Avenue
- Market: Temecula
- Units: 20
- Price Per Unit: $265,000
- Square Footage: 18,023
- Price Per Square Foot: $294
- Buyer: Shawn Elihu & Robin Elihu
- Seller: Melanie Archer
- Brokers: Robert Stepp & Jacob Taylor - Stepp Commercial
This transaction includes key individuals such as the buyers, Shawn Elihu and Robin Elihu, as well as the seller, Melanie Archer. The brokers facilitating this deal are Robert Stepp and Jacob Taylor from Stepp Commercial, representing the interested parties in this multifamily property transaction.
Players
Temecula 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
2.99%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93