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7443 Elm Street

Abanoub Hanna Purchases Multifamily Property At 7443 Elm Street For $3.35M With Eric Chen & Blake Torgerson As Seller's Representatives
SOLDMultiFamily

Abanoub Hanna Purchases Multifamily Property At 7443 Elm Street For $3.35M With Eric Chen & Blake Torgerson As Seller's Representatives

7443 Elm Street

$3,350,000

$196/SF

Building Size

17,040 SF

Asset Type

MultiFamily

Closing

Apr 15, 2026

AI

The property involved in this transaction is a multifamily asset located at 7443 Elm Street in the San Bernardino market. The sale price was $3,350,000, comprising 20 units with a price per unit of $167,500. The total square footage of the property is 17,040 with a price per square foot of $196.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,350,000
  • Units: 20
  • Price Per Unit: $167,500
  • Square Footage: 17,040
  • Price Per Square Foot: $196
  • Buyer: Abanoub Hanna
  • Seller's Representatives: Eric Chen & Blake Torgerson - CBRE

Abanoub Hanna represents the buyer in this transaction. The seller was represented by Eric Chen and Blake Torgerson from CBRE, highlighting the involvement of these brokerage professionals in facilitating the deal.

Players

Blake Torgerson

CBRE

Broker

$286.1M

vol

48 deals

Broker

San Bernardino 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

4.74%

Cash-on-Cash

-1.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93