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1358 Jasper Avenue
SOLD

Surapol Mekpongsatorn & Valliya Mekpongsatorn Purchase Mentone Multifamily Property For $1.875M

1358 Jasper Avenue

MultiFamily
10,004 SF
clock iconSold 1 year ago
Eric Chen
Blake Torgerson
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Summary

Sale
CALIFORNIA
MultiFamily
10,004 sqft

An 11-unit multifamily property located at 1358 Jasper Avenue in Mentone has been sold for $1,875,000. The sale, which took place on 06/04/2021, was facilitated by brokers Eric Chen and Blake Torgerson. The property spans 10,004 square feet and has a price per square foot of $187. The sale price per unit was $170,454, resulting in a gross rent multiplier (GRM) of 13.06x. The capitalization rate (CAP) for the property is 4.41%.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,875,000
  • Address: 1358 Jasper Avenue
  • Market: Mentone

The seller, Robert Spyksma and Sarah Spyksma, sold the property to Surapol Mekpongsatorn and Valliya Mekpongsatorn.

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Eric Chen's profile picture
Eric Chen
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Senior Vice President
$597.4M Sold

Details

Deal Summary
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SOLD
IMAGE: Eric Chen & Blake Torgerson DATE: 06/04/2021 ADDRESS: 1358 Jasper Avenue MARKET: Mentone ASSET TYPE: Multifamily SELLER: : Robert Spyksma & Sarah Spyksma BUYER: Surapol Mekpongsatorn & Valliya Mekpongsatorn BROKERS: Eric Chen (@Eric_C_Chen) & Blake Torgerson (@BlakeTorg32) SALE PRICE: $1,875,000 UNITS: 11 ~ PPU: $170,454 SF: 10,004 ~ PPSF: $187 GRM: 13.06x CAP: 4.41%

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Address1358 Jasper Avenue

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