facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

California

/

Multifamily

/

Sale

/

777 Los Robles Avenue

Connie Chang Acquires 777 Los Robles Avenue Multifamily In Pasadena For $2.5M
SOLDMultiFamily

Connie Chang Acquires 777 Los Robles Avenue Multifamily In Pasadena For $2.5M

777 Los Robles Avenue

$2,500,000

$375/SF

Building Size

6,664 SF

Asset Type

MultiFamily

Closing

Jun 28, 2024

AI

The multifamily property located at 777 Los Robles Avenue in Pasadena was recently sold for $2,500,000. The property consists of 11 units with a total square footage of 6,664, resulting in a price per unit of $227,273 and a price per square foot of $375.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,500,000
  • Units: 11
  • Price Per Unit: $227,273
  • Total Square Footage: 6,664
  • Price Per Square Foot: $375
  • Address: 777 Los Robles Avenue
  • Market: Pasadena

Connie Chang was the buyer of the property while Ron Tanzman was the seller. The seller's representative in this transaction was Han Widjaja Chen from Growth Investment Group.

Players

Han Widjaja Chen

Growth Investment Group

Broker

$99.3M

vol

21 deals

Broker

Pasadena MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.35%

Cash-on-Cash

-1.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93