Updated Jul 14, 2025
Srinivas Yalamanchili Purchases Baldwin Park Multifamily From Leorita & Bess Apartments LLC For $5.71M
932 Leorita St
$5,706,500
$231/SF
Building Size
24,615 SF
Asset Type
MultiFamily
Closing
Mar 26, 2024
About this deal
AI
The property asset involved in the transaction is a MultiFamily building located at 932 Leorita St, Baldwin Park. The transaction was completed for a price of $5,706,500.00, and the building encompasses a total of 24,615 square feet.
Summary of transation details:
- Property Type: MultiFamily
- Transaction Amount: $5,706,500.00
- Address: 932 Leorita St
- Market: Baldwin Park
- Square Footage: 24,615.0
- Buyer: Srinivas Yalamanchili
- Seller: Leorita & Bess Apartments LLC
- Broker: Brandon Evans - Lyon Stahl Investment Real Estate
- Sale Date: 03/26/2024
This transaction involved key individuals including the buyer, Srinivas Yalamanchili, and the seller, Leorita & Bess Apartments LLC. The broker representing this deal was Brandon Evans from Lyon Stahl Investment Real Estate, facilitating the process for both the buyer and seller.
On the Map
$5,706,500
$231/SF
MultiFamily
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Baldwin Park 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
2.78%
Cash-on-Cash
-0.79%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93