Shawn Elihu And Robin Elihu Acquire Multifamily Property In Temecula For $5.3 Million
SOLD
$5,300,000
California
See Similar DealsMultiFamily18,023 SF
Sold 09/17/2025
SOLD
Shawn Elihu And Robin Elihu Acquire Multifamily Property In Temecula For $5.3 Million
28465 Felix Valdez Avenue
See Similar DealsMultiFamily18,023 SF
Sold 09/17/2025
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$294
Total Square Footage:18,023 SF
Transaction Type:Sale
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
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$282,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$18,829.77
Cash-on-Cash Return-1.27%
Monthly Debt Service$25,124.70
Annual Debt Service$301,496.45
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