Peng Ju Acquires Multifamily Property At 515 North 1st Street Alhambra For $1.77M
SOLD
$1,770,000
California
See Similar DealsMultiFamily8,187 SF
Sold 07/16/2025
SOLD
Peng Ju Acquires Multifamily Property At 515 North 1st Street Alhambra For $1.77M
515 North 1st Street
See Similar DealsMultiFamily8,187 SF
Sold 07/16/2025
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$216
Total Square Footage:8,187 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$94,399.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,288.44
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,390.70
Annual Debt Service$100,688.44
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