Updated Dec 21, 2023
LAAATeam Acquires Pasadena Multifamily Property On E Washington Blvd For $2.4M
827 E Washington Blvd, Pasadena, CA 91104, USA
$2,400,000
$544/SF
Building Size
4,409 SF
Asset Type
MultiFamily
Closing
Aug 9, 2020
About this deal
AI
827 E Washington Blvd, located in Pasadena, was recently sold for $2,400,000. This multifamily property offers a total of 4,409 square feet, resulting in a price per square foot of $544.34. The transaction took place on 08/10/2020.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $2,400,000
- Market: Pasadena
- Brokers: Filip Niculete, Glen Scher, Michael McNulty @LAAATeam
Filip Niculete, Glen Scher, and Michael McNulty from the LAAATeam represented the parties involved in this transaction.
The multifamily sale at 827 E Washington Blvd, Pasadena, CA 91104, USA in Pasadena, California sold for $2.4M in 2020. The building is 4,409 square feet, implying about 544 per square foot on the published price. Glen Scher, Michael Mcnulty, Filip Niculete, Marcus & Millichap appear on the sale alongside Marcus & Millichap. This page is the Pasadena, California file for the 827 E Washington Blvd, Pasadena, CA 91104, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Pasadena sit in the Market section below. Filter that Pasadena multifamily set by closing date to see what else sold near 827 E Washington Blvd, Pasadena, CA 91104, USA around 2020. Published consideration for 827 E Washington Blvd, Pasadena, CA 91104, USA is $2.4M, dated 2020. Cite this LAAATeam Acquires Pasadena Multifamily Property On E Washington Blvd For $2.4M sale when underwriting similar multifamily product around Pasadena, California.
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Pasadena 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
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93