Rao Yalamanchili Acquires Multifamily Property In Azusa For $2.45M
SOLD
$2,450,000
California
See Similar DealsMultiFamily8,400 SF
Sold 05/04/2023
SOLD
Rao Yalamanchili Acquires Multifamily Property In Azusa For $2.45M
905 North Pasadena Avenue
See Similar DealsMultiFamily8,400 SF
Sold 05/04/2023
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$291
Total Square Footage:8,400 SF
Transaction Type:Sale
The multifamily property located at 905 North Pasadena Avenue in Azusa has been sold. The transaction took place on 05/04/2023 and was facilitated by CBRE brokers Eric Chen and Blake Torgerson.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,450,000
- Units: 8
- Price Per Unit: $306,250
- Square Footage: 8,400
- Price Per Square Foot: $292
- Market: Azusa
Rao Yalamanchili is the buyer of the property, while Shirley Contreras is the seller. The deal was successfully negotiated by Eric Chen and Blake Torgerson, who represent CBRE.
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)
$130,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,704.33
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,614.25
Annual Debt Service$139,371.00
Is there something missing? Send suggestions