Updated Sep 9, 2024
Kevin Bibayan Acquires Retail Property In Baldwin Park For $4.9M
14914 Pacific Ave, Baldwin Park, CA, USA
$4,900,000
$353/SF
Building Size
13,870 SF
Asset Type
Retail
Closing
Sep 27, 2021
About this deal
AI
A retail property located at 3660 & 3650 Puente Ave. & 14914 Pacific Ave. in Baldwin Park has been sold for a price of $4,900,000. The property spans 13,870 square feet, resulting in a price per square foot of $353. The transaction took place on 09/27/2021.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $4,900,000
- Square Footage: 13,870
- Price Per Square Foot: $353
- Address: 3660 & 3650 Puente Ave. & 14914 Pacific Ave., Baldwin Park
- Market: Baldwin Park
The buyer in this transaction is Kevin Bibayan, while the seller is Daryoush Lalezarikhah. Representing the buyer is Jay Martinez, and the seller is represented by Blas Fernandez.
On the Map
$4,900,000
$353/SF
Retail
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Players
Baldwin Park 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
3.24%
Cash-on-Cash
-0.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93