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Stephanie Carpentier Acquires Office Building In Alhambra For $2.6M

Property Image
SOLD
$2,600,000

California

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Office5,127 SF
Sold 05/31/2023
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Property Image
SOLD

Stephanie Carpentier Acquires Office Building In Alhambra For $2.6M

2200 S Fremont Ave Alhambra, CA 91803, USA

See Similar Deals
Office5,127 SF
Sold 05/31/2023
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Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$507
Total Square Footage:5,127 SF
Transaction Type:Sale

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

Blas Fernandez
33 deals$88.5M volume(818) 319-9191
BROKER

Brian vu
Keller Williams Realty
6 deals$21.7M volume(818) 913-8819
BROKER

Details

SOLD
IMAGE: Blas Fernandez, Brian Vu DATE: 05/31/2023 ADDRESS: 2200 Fremont Avenue MARKET: Alhambra ASSET TYPE: Office BUYER: Stephanie Carpentier SELLER: John Lo BROKERS: Blas Fernandez (@AgentBlas) & Brian Vu (@BrianVuRE) - Blas Property Group (@BlasPropertyGroup) SALE PRICE: $2,600,000 SF: 5,127 ~ PPSF: $507

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Operating Income
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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)-$9,237.24
Cash-on-Cash Return-1.27%
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