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28465 Felix Valdez Avenue

Shawn Elihu And Robin Elihu Acquire Multifamily Property In Temecula For $5.3 Million
SOLDMultiFamily

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

Robert Stepp

Stepp Commercial

Broker

$302.4M

vol

35 deals

Broker
Stepp Commercial
Stepp CommercialBrokerage

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