Unknown Foreign Investor Acquires Property At 712 E Walnut St Pasadena For $17.2M With Seller's Rep Gayle Factor
SOLD
$17,200,000
California
See Similar DealsMultiFamily
SOLD
Unknown Foreign Investor Acquires Property At 712 E Walnut St Pasadena For $17.2M With Seller's Rep Gayle Factor
712 E Walnut St, Pasadena, CA, 91101
See Similar DealsMultiFamily
Summary
CALIFORNIA
Asset Type:MultiFamily
Transaction Type:Sale
The Encore is a multifamily building located at 712 E Walnut St, Pasadena, CA, 91101. The property was sold for $17.2 million. Built in 2004, it features 28 apartments and two commercial units on the ground floor. All apartments include in-unit washers and dryers, with most offering a balcony. Additional amenities include gated parking, an elevator, and an interior courtyard.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $17,200,000.00
- Address: 712 E Walnut St, Pasadena, CA, 91101
- Market: Pasadena
- Seller's Representative: Gayle Factor - Marcus & Millichap
- Buyer: Unknown Foreign Investor
Gayle Factor of Marcus & Millichap’s Encino office represented the seller in this transaction. The acquisition was made by a foreign investor, which highlights interest from international buyers in the Pasadena real estate market.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$917,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$61,107.97
Cash-on-Cash Return-1.27%
Monthly Debt Service$81,536.78
Annual Debt Service$978,441.30
Is there something missing? Send suggestions