Updated Oct 9, 2026
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
$1,850,000
$548/SF
MultiFamily
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Signal Hill 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
8.57%
Cash-on-Cash
-2.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93