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780 Walton Street

Updated Oct 9, 2026

Gray Lange, Jr Purchases 5-Unit Multifamily Property In Signal Hill For $1,825,000
SOLDMultiFamily

Gray Lange, Jr Purchases 5-Unit Multifamily Property In Signal Hill For $1,825,000

780 Walton Street

$1,850,000

$548/SF

Building Size

3,375 SF

Asset Type

MultiFamily

Closing

Oct 1, 2026

About this deal

AI

The property asset involved in the transaction is a multifamily building located at 780 Walton Street in Signal Hill. The sale price of the property was $1,825,000. It consists of 5 units, with a price per unit of $365,000. The total square footage of the building is 3,375, resulting in a price per square foot of $541.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,825,000
  • Units: 5
  • Price Per Unit: $365,000
  • Square Footage: 3,375
  • Price Per Square Foot: $541
  • Buyer: Gray Lange, Jr
  • Seller: David Franco
  • Seller's Representative: Jignesh "Jack" Patel & Juan Huizar - Sage Real Estate
  • Date of Transaction: 10/01/2026

Jignesh "Jack" Patel & Juan Huizar from Sage Real Estate represented the seller, David Franco, in this transaction. Notably, the deal was executed completely off-market, facilitating a direct connection between the buyer and seller without any public listing of the property.

On the Map

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$1,850,000

$548/SF

MultiFamily

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Players

Jignesh Patel

Sage Real Estate

Broker

$19.9M

vol

9 deals

Broker

Gray Lange, Jr

Buyer

$3.6M

vol

2 deals

Buyer

David Franco

Seller

$1.9M

vol

1 deal

Seller
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Signal Hill MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $548 per square foot on a published $1.9M for 3,375 square feet (2026).

Visit Jignesh "Jack" Patel to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.57%

Cash-on-Cash

-2.45%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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