Updated Dec 19, 2023
Berkshire Hathaway HomeServices Acquires South Pasadena Multifamily For $2.13M With Brokers Filip Niculete, Glen Scher & Michael McNulty
603 Mound Avenue, South Pasadena, CA 91030, USA
$2,125,000
$452/SF
Building Size
4,692 SF
Asset Type
MultiFamily
Closing
Jul 2, 2019
About this deal
AI
A multifamily property located at 603 Mound Ave in South Pasadena has been sold for $2,125,000. The property spans 4,692 square feet and was sold at a price of $452.90 per square foot. The transaction took place on July 3, 2019.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,125,000
- Address: 603 Mound Ave
- Market: South Pasadena
- Square Footage: 4,692
- Price per Square Foot: $452.90
The sale of this multifamily property was facilitated by brokers Filip Niculete, Glen Scher, Michael McNulty, and Matthew Bryant of Berkshire Hathaway.
Players
South Pasadena 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
7.46%
Cash-on-Cash
-2.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93