SOLDMultiFamily
Frances Chen Acquires Multifamily Property In Arcadia, CA For $3.73M
815 Fairview Avenue, Arcadia, California 91007, United States
$3,730,000
$506/SF
Building Size
7,371 SF
Asset Type
MultiFamily
Closing
Apr 24, 2022
AI
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
Arcadia 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
4.25%
Cash-on-Cash
-1.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93