SALE HIGHLIGHTS

• Sales Price: $1,555,000
• CAP Rate: 5.06% | 14.45 GRM

BUYER’S STORY

SUCCESSFUL 1031-EXCHANGE: SEAMLESS TRANSITION INTO A NEW INVESTMENT PROPERTY!

This transaction began as a 1031-Exchange for a buyer represented by Kris and Deepen. We first assisted him in selling his down-leg property as he sought to dissolve a partnership and reinvest the proceeds into a property of his own.

Next, we sourced an off-market property in the buyer's desired location—a stabilized 5-unit property in Glendora with minimal ownership expenses and ease of management. With no viable on-market options available, the buyer entrusted us to find the perfect up-leg property, and we delivered with a successful close. Kris and Deepen represented both the buyer and seller in this transaction.

If you’re planning a 1031-Exchange or exploring your next investment move, let’s connect and discover how we can uncover the perfect opportunities to expand your portfolio and achieve your financial goals.

PROPERTY HIGHLIGHTS

• Comprising of (1) 2-Bed/1-Bath Cottage, (3) 1-Bed/1-Bath Units & (1) Large Studio ADU
• Excellent Mid-Glendora Location in Proximity to Transportation and Shoppes
• Above-Market 5%+ Cap Rate on Current Rent and Expenses!
• Individually Metered for Gas & Electricity
• Tenants Enjoy On-Site Parking
• True Pride of Ownership Asset