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1201 Larrabee Street, West ...

Updated Dec 21, 2023

Rodeo Realty Beverly Hills Acquires West Hollywood Resi Condo For $1.155M
SOLD

Rodeo Realty Beverly Hills Acquires West Hollywood Resi Condo For $1.155M

1201 Larrabee Street, West Hollywood, CA 90069, USA

$1,155,000

$644/SF

Building Size

1,793 SF

Asset Type

Closing

Nov 2, 2018

About this deal

AI

The 1,793 square foot residential condo located at 1201 Larrabee St in West Hollywood has been sold for a price of $1,155,000. The property, showcased in an image by Michelle Gurman (@michelle.gurman) on Instagram, offers a spacious living space for its future owner. With a price per square foot of $644, this residence provides a great investment opportunity in the West Hollywood market.

Summary of transaction details

  • Property Type: Residential Condo
  • Transaction Amount: $1,155,000
  • Square Footage: 1,793
  • Address: 1201 Larrabee St
  • Market: West Hollywood

Rodeo Realty Beverly Hills, represented by Michelle Gurman, played a crucial role as the broker in this transaction. Their expertise and knowledge in the West Hollywood market helped facilitate the sale of this residential condo.

Players

Michelle Gurman

Rodeo Realty

Broker

$4M

vol

3 deals

Broker

West Hollywood CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

About $644 per square foot on a published $1.2M for 1,793 square feet (2018).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.73%

Cash-on-Cash

-3.93%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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