Updated Oct 28, 2024
BV Azusa LLC Sells Retail Property In West Covina, CA For $3.875M
711 North Azusa Avenue, West Covina, CA 91791, USA
$3,875,000
$1,550/SF
Building Size
2,500 SF
Asset Type
Retail
Closing
Jun 7, 2020
About this deal
AI
Located at 711 North Azusa Ave in West Covina, this retail property was recently sold for a sale price of $3,875,000. The property spans 2,500 square feet, resulting in a price per square foot of $1,550.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $3,875,000
- Address: 711 North Azusa Ave, West Covina
- Market: West Covina
The seller of the property was BV Azusa LLC. The transaction was facilitated by the brokers Ryan Serling and Martin Agnew from Marcus & Millichap, along with Matt Burnett from Hanley Investment Group.
Players
West Covina 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
4.09%
Cash-on-Cash
-1.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93