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515 North 1st Street

Peng Ju Acquires Multifamily Property At 515 North 1st Street Alhambra For $1.77M
SOLDMultiFamily

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

Nick Hayner

Maywood Property Group

Broker

$111.4M

vol

22 deals

Broker
 Maywood Property Group
Maywood Property GroupBrokerage

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