Doris Luyu Wang Purchases Office Building From Peter Shiau In Diamond Bar For $2.8M
23555 Golden Springs Drive
$2,800,000
$242/SF
Building Size
11,562 SF
Asset Type
Office
Closing
Nov 14, 2025
AI
The asset involved in this transaction is an office property located at 23555 Golden Springs Drive in the Diamond Bar market. The sale price of the property was $2,800,000, comprising 15 units and spanning a total square footage of 11,562. The price per unit was $186,666, and the price per square foot amounted to $242.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $2,800,000
- Units: 15
- Price per Unit: $186,666
- Square Footage: 11,562
- Price per Square Foot: $242
- Buyer: Doris Luyu Wang
- Seller: Peter Shiau
- Buyer's Representative: Eric S. Chavez, CCIM - CAREBf Inc.
- Seller's Representative: Jack Tsai - EXP Realty
Eric S. Chavez, CCIM from CAREBf Inc. represented the buyer, while Jack Tsai from EXP Realty acted as the seller's representative in this transaction, highlighting the roles of key individuals in facilitating the deal.
Players
Diamond Bar 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
5.67%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93