The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
August 12, 2022
 Search RENTV
   Go!
 The REview
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



SOUTHERN CALIFORNIA NEWS
Printer-friendly Version   Email an Associate
Glendora Multifamily Trade Works Out to Over $300k/Unit

8/04/22

A 20-unit multifamily property in Glendora sold for $6.125 mil in a deal that works out to about $306k/unit. The transaction closed at a cap rate of 4.15%.

Located at 710 Claraday St, the two-story, garden style walkup building is situated along a residential street with excellent curb appeal in the Charter Oak neighborhood, a quiet and suburban community set against the majestic San Gabriel Mountains.

The property consists of 16 two-bedroom/one-bath and four one-bedroom/one-bath units and is strategically located just south of the 210 Fwy and north of Arrow Hwy. All units offer washer and dryer hookups, individual HVAC units outside, gas ranges for cooking, and granite countertops.

Mark Bridge and Jon Mitchell with Cushman & Wakefield’s Multifamily Advisory Group in Orange County represented the seller, a private individual, as part of a 1031 Exchange. The buyer, NLZ Capital LLC, was repped by Eric Chen with CBRE.




Return to the previous page


 


 


 


 
 





Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2022 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media