Frances Chen Acquires Multifamily Property In Arcadia, CA For $3.73M
SOLD
$3,730,000
California
See Similar DealsMultiFamily7,371 SF
Sold 04/25/2022
SOLD
Frances Chen Acquires Multifamily Property In Arcadia, CA For $3.73M
815 Fairview Avenue, Arcadia, California 91007, United States
See Similar DealsMultiFamily7,371 SF
Sold 04/25/2022
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$506
Total Square Footage:7,371 SF
Transaction Type:Sale
The multifamily property located at 815 Fairview Ave in Arcadia, CA has been sold for a price of $3,730,000. The property spans across 7,371 square feet, resulting in a price per square foot of $506.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,730,000
- Property Address: 815 Fairview Ave, Arcadia, CA
- Buyer: Frances Chen
- Seller: Robert Clements
- Square Footage: 7,371
- Price Per Square Foot: $506
Frances Chen has acquired the property as the buyer, while Robert Clements has sold it as the seller.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$198,933.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$13,251.91
Cash-on-Cash Return-1.27%
Monthly Debt Service$17,682.10
Annual Debt Service$212,185.24
Is there something missing? Send suggestions