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Peter Kloutsionis Buys Multifamily Asset At 731 West Duarte Road In Monrovia For $4.375M

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SOLD
$4,375,000

California

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MultiFamily15,280 SF
Sold 08/21/2024
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SOLD

Peter Kloutsionis Buys Multifamily Asset At 731 West Duarte Road In Monrovia For $4.375M

731 West Duarte Road

See Similar Deals
MultiFamily15,280 SF
Sold 08/21/2024
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$286
Total Square Footage:15,280 SF
Transaction Type:Sale

The multifamily asset located at 731 West Duarte Road in Monrovia features 17 units with a total square footage of 15,280. The transaction was finalized at a sale price of $4,375,000, resulting in a price per unit of $257,352 and a price per square foot of $286.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $4,375,000
  • Units: 17
  • Square Footage: 15,280
  • Price Per Unit: $257,352
  • Price Per Square Foot: $286
  • Buyer: Peter Kloutsionis
  • Seller: Cho Wu
  • Broker: Han Widjaja Chen - Growth Investment Group

This transaction involved Peter Kloutsionis acquiring the property from Cho Wu, with Han Widjaja Chen representing the broker side through Growth Investment Group, facilitating the negotiations and details surrounding the sale.

Players

Han Widjaja Chen
21 deals$99.3M volume(626) 224-2495
BROKER

Details

SOLD
IMAGE: Han Widjaja Chen DATE: 08/21/2024 ADDRESS: 731 West Duarte Road MARKET: Monrovia ASSET TYPE: Multifamily BUYER: Peter Kloutsionis SELLER: Cho Wu BROKER: Han Widjaja Chen (@HanWidjajaChen) - Growth Investment Group (@GrowthInvestmentGroup) SALE PRICE: $4,375,000 UNITS: 17 ~ PPU: $257,352 SF: 15,280 ~ PPSF: $286

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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