Stephanie Carpentier Acquires Office Building In Alhambra For $2.6M
2200 S Fremont Ave Alhambra, CA 91803, USA
$2,600,000
$507/SF
Building Size
5,127 SF
Asset Type
Office
Closing
May 31, 2023
AI
The property involved in this closed transaction is an office located at 2200 Fremont Avenue in Alhambra. The property spans 5,127 square feet and was sold for $2,600,000, resulting in a price per square foot of $507.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $2,600,000
- Address: 2200 Fremont Avenue, Alhambra
- Market: Alhambra
- Buyer: Stephanie Carpentier
- Seller: John Lo
- Brokers: Blas Fernandez & Brian Vu - Blas Property Group
Stephanie Carpentier is the buyer in this transaction, while John Lo is the seller. The deal was facilitated by brokers Blas Fernandez and Brian Vu from the Blas Property Group.
Players
Los Angeles Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.10%
Cash-on-Cash
-1.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93