Updated Dec 21, 2023
Mary Wong Acquires Retail Property In Los Altos, CA For $3.61M
252 State Street, Los Altos, California 94022, United States
$3,610,000
$1,174/SF
Building Size
3,075 SF
Asset Type
Retail
Closing
Feb 24, 2022
About this deal
AI
The retail property located at 252 State St in Los Altos, CA has been sold. The transaction took place on 02/25/2022. The property spans a total area of 3,075 square feet and was sold at a price of $3,610,000, resulting in a price per square foot of $1,173.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,610,000
- Square Footage: 3,075
- Address: 252 State St, Los Altos, CA
- Market: Los Altos, CA
The buyer of the property is Mary Wong, while the sellers are Arthur L Bussi, Lynn Bussi Schofield, Claudia Bussi, and Vilma Bussi.
Players
Los Altos 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
4.39%
Cash-on-Cash
-1.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93