facebook
Traded Co logo
Submit

Matt Luke's Longball Investments LLC Acquires Retail Property In Yorba Linda For $1.8M

Property Image
SOLD
$1,800,000

California

See Similar Deals
Retail3,920 SF
Sold
the dealplayerscompscontact
Property Image
SOLD

Matt Luke's Longball Investments LLC Acquires Retail Property In Yorba Linda For $1.8M

4858 Main Street, Yorba Linda, California 92886, United States

See Similar Deals
Retail3,920 SF
Sold
Contact now

Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$459
Total Square Footage:3,920 SF
Transaction Type:Sale

The retail property located at 4858 Main St, Yorba Linda CA 92886 in Orange County has been sold for $1,800,000. The property spans 3,920 square feet and was sold at a price of $459 per square foot.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $1,800,000
  • Market: Orange County
  • Buyer: Matt Luke - Longball Investments LLC
  • Seller: Harry Schlitz, Dave Hutchison & Nancy Parsell
  • Brokers: Jamie Harrison & Chris Manassero - Lee & Associates

Matt Luke, representing Longball Investments LLC, purchased the property from sellers Harry Schlitz, Dave Hutchison, and Nancy Parsell. The deal was facilitated by brokers Jamie Harrison and Chris Manassero from Lee & Associates.

Players

Jamie Harrison
5 deals$18.5M volume
BROKER

Chris Manassero
5 deals$19.7M volume
BROKER

Details

SOLD
IMAGE: Jamie Harrison & Chris Manassero DATE: 03/10/2022 ADDRESS: 4858 Main St, Yorba Linda CA 92886 MARKET: Orange County ASSET TYPE: Retail BUYER: Matt Luke - Longball Investments LLC SELLER: Harry Schlitz, Dave Hutchison & Nancy Parsell BROKERS: Jamie Harrison & Chris Manassero (@ChrisManassero) - Lee & Associates SALE PRICE: $1,800,000 SF: 3,920 ~ PPSF: $459

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$96,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,395.02
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,532.92
Annual Debt Service$102,395.02