Updated Dec 21, 2023
WeHo Singlefamily Sold On Westmount Drive For $4.45M By Buyer Rep Steven Schaefer & Jay Luchs
515 Westmount Drive, West Hollywood, CA 90048, USA
$4,450,000
$1,348/SF
Building Size
3,300 SF
Asset Type
—
Closing
Jan 24, 2019
About this deal
AI
515 Westmount Drive in WeHo has been sold for $4.45 million. This single-family property spans 3,300 square feet, resulting in a price per square foot of $1,348. The transaction was facilitated by buyer representatives @Steven_Schaefer & 👑 @JayLuchs, as well as seller representative Seth Gold. Leigh Herzig was the seller of the property, and the architectural work was executed by @StandardArchitecture.
Summary of transaction details
- Property Type: Singlefamily
- Transaction Amount: $4.45M
- Square Footage: 3,300
- Price Per Square Foot: $1,348
- Address: 515 Westmount Drive
- Market: WeHo
The buyer representatives involved in the deal were @Steven_Schaefer & 👑 @JayLuchs. On the other side, Seth Gold represented the seller, Leigh Herzig. The architectural work for the property was done by @StandardArchitecture.
Players
West Hollywood CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Deal FAQ
About $1.3K per square foot on a published $4.5M for 3,300 square feet (2019).
Visit Steven Schaefer to view all their deals.
Browse California sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.56%
Cash-on-Cash
-1.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93