SOLD
10620 JCE Wilkins LLC Acquires 6-Unit Property On Wilkins Avenue For $2.8M
10620 Wilkins Avenue
Other
6,812 SF
6,812 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
Other
6,812 sqft
The property at 10620 Wilkins Avenue has been sold for $2,825,000. This property consists of 6 units with a total square footage of 6,812. The price per square foot is $415, while the price per unit is $470,833. The Gross Rent Multiplier (GRM) is 21 and the Capitalization Rate (Cap Rate) is 2.6%.
Summary of transaction details
- Property Type: Sale
- Transaction Amount: $2,825,000
- Address: 10620 Wilkins Avenue
- Square Footage: 6,812
- Price per Square Foot: $415
- Number of Units: 6
- Price per Unit: $470,833
- Gross Rent Multiplier: 21
- Capitalization Rate: 2.6%
Michael & Barbara Faze were the sellers of the property, while the buyer was 10620 JCE Wilkins LLC. The transaction was facilitated by brokers Michael Monempour and Ramin Gheitanchi from Charles Dunn Company.
Players
All
4
Agents
2
Agencies
2
Details
SOLD
IMAGE: Ramin Gheitanchi and Michael Monempour
DATE: 10/24/2018
ADDRESS: 10620 Wilkins Avenue
PRICE: $2,825,000
SF: 6,812 ~ PPSF: $415
UNITS: 6 ~ PPU: $470,833
GRM: 21
CAP RATE: 2.6%
BROKERS: Michael Monempour & Ramin Gheitanchi Charles Dunn Company
SELLER: Michael & Barbara Faze
BUYER: 10620 JCE Wilkins LLCView on map
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Address10620 Wilkins Avenue
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