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15010 Mulberry Drive, Whitt...

David Finger Acquires Retail Property In Whittier For $2.86M
SOLDRetail

David Finger Acquires Retail Property In Whittier For $2.86M

15010 Mulberry Drive, Whittier, CA 90604, USA

$2,865,000

$443/SF

Building Size

6,456 SF

Asset Type

Retail

Closing

Sep 8, 2021

AI

A retail property located at 15010 Mulberry Dr. in Whittier was recently sold for a price of $2,865,000. The property spans 6,456 square feet, resulting in a price per square foot of $443. The transaction took place on 09/08/2021. The buyer in this deal is David Finger, while the seller is Robert Melamed. The brokers involved in the transaction are David Yashar and Omid Saleh.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $2,865,000
  • Address: 15010 Mulberry Dr.
  • Market: Whittier
  • Square Footage: 6,456
  • Price per Square Foot: $443
  • Buyer: David Finger
  • Seller: Robert Melamed
  • Brokers: David Yashar & Omid Saleh

David Yashar and Omid Saleh represented the buyer and seller, respectively, in this transaction.

Players

David Yashar

Keller Williams Realty

Broker

$25.9M

vol

8 deals

Broker

Whittier Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.54%

Cash-on-Cash

-1.58%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93