Peng Ju Acquires Multifamily Property At 515 North 1st Street Alhambra For $1.77M
515 North 1st Street
$1,770,000
$216/SF
Building Size
8,187 SF
Asset Type
MultiFamily
Closing
Jul 16, 2025
AI
The property asset involved in this transaction is a multifamily building located at 515 North 1st Street, Alhambra. The sale was completed for a total transaction amount of $1,770,000, with the total square footage being 8,187 and a price per square foot of $216.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $1,770,000
- Address: 515 North 1st Street
- Market: Alhambra
- Square Footage: 8,187
- Price Per Square Foot: $216
- Buyer: Peng Ju
- Seller: Ron Jones
- Broker: Nick Hayner - Maywood Property Group
Wesley Gan of Partner Real Estate represented the buyer in this transaction, facilitating the deal between Peng Ju and Ron Jones.
Players
Alhambra 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
8.96%
Cash-on-Cash
-2.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93