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Grant Lin Acquires Multifamily Property At 1356 West Stoneridge Court For $1.685M With CBRE

Property Image
SOLD
$1,685,000
Blake Torgerson
+ 1

California

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MultiFamily5,273 SF
Sold 11/14/2025
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Property Image
SOLD

Grant Lin Acquires Multifamily Property At 1356 West Stoneridge Court For $1.685M With CBRE

1356 West Stoneridge Court

See Similar Deals
MultiFamily5,273 SF
Sold 11/14/2025
Blake Torgerson
+ 1
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$319
Total Square Footage:5,273 SF
Transaction Type:Sale

The property asset involved in the transaction is a multifamily property located at 1356 West Stoneridge Court in Ontario. The sale price of the property was $1,685,000 for a total of 8 units, with a price per unit of $210,625. The building encompasses a total square footage of 5,273, resulting in a price per square foot of $319.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,685,000
  • Units: 8
  • Price Per Unit: $210,625
  • Square Footage: 5,273
  • Price Per Square Foot: $319
  • Buyer: Grant Lin
  • Seller: David Jackson
  • Buyer's Representative: Eric Chen - CBRE
  • Seller's Representative: Blake Torgerson - CBRE
  • Date of Transaction: 11/14/2025

The deal's key individuals include Grant Lin as the buyer and David Jackson as the seller. Eric Chen and Blake Torgerson, both from CBRE, represented the buyer and seller, respectively, facilitating the transaction.

Players

Blake Torgerson
48 deals$286.1M volume(714) 222-0696
BROKER

Eric Chen
CBRE
108 deals$886.6M volume(626) 757-5717
BROKER

CBRE
BROKERAGE


3 deals$3.6M volume
SELLER

Details

SOLD
IMAGE: Eric Chen & Blake Torgerson DATE: 11/14/2025 ADDRESS: 1356 West Stoneridge Court MARKET: Ontario ASSET TYPE: Multifamily BUYER: Grant Lin SELLER: David Jackson BUYER'S REP: Eric Chen (@Eric_c_Chen) - CBRE (@CBRE) SELLER'S REP: Blake Torgerson (@BlakeTorg32) - CBRE SALE PRICE: $1,685,000 UNITS: 8 ~ PPU: $210,625 SF: 5,273 ~ PPSF: $319

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,986.44
Cash-on-Cash Return-1.27%
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