Updated Dec 19, 2023
$1.05M Multifamily In Pasadena Sold By Edward Chao, Rick Ramirez, Glen Scher, & Filip Niculete, LA Apartment Advisors
759 North Raymond Avenue, Pasadena, CA 91103, USA
$1,050,000
$351/SF
Building Size
2,991 SF
Asset Type
MultiFamily
Closing
Aug 20, 2019
About this deal
AI
759 N Raymond Ave in Pasadena has been sold for $1,050,000. This multifamily property offers 2,991 square feet of space at a price per square foot of $351.05.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,050,000
- Address: 759 N Raymond Ave, Pasadena
- Market: Pasadena
- SF: 2,991
- PPSF: $351.05
The deal was facilitated by Edward Chao, Rick Ramirez, Glen Scher, and Filip Niculete.
The multifamily sale at 759 North Raymond Avenue, Pasadena, CA 91103, USA in Pasadena, California sold for $1.1M in 2019. The building is 2,991 square feet, implying about 351 per square foot on the published price. Glen Scher, Edward Chao, Filip Niculete, Rick Ramirez appear on the sale alongside Ally Commercial Real Estate, Marcus & Millichap. This page is the Pasadena, California file for the 759 North Raymond Avenue, Pasadena, CA 91103, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Pasadena sit in the Market section below. Filter that Pasadena multifamily set by closing date to see what else sold near 759 North Raymond Avenue, Pasadena, CA 91103, USA around 2019. Published consideration for 759 North Raymond Avenue, Pasadena, CA 91103, USA is $1.1M, dated 2019. Cite this $1.05M Multifamily In Pasadena Sold By Edward Chao, Rick Ramirez, Glen Scher, & Filip Niculete, LA Apartment Advisors sale when underwriting similar multifamily product around Pasadena, California.
On the Map
$1,050,000
$351/SF
MultiFamily
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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
15.11%
Cash-on-Cash
-4.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93