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8121 Norton Avenue, West Ho...

Michael Khorshidi Of Compass Represents Buyer In $1.4M Condo Sale In West Hollywood
SOLD

Michael Khorshidi Of Compass Represents Buyer In $1.4M Condo Sale In West Hollywood

8121 Norton Avenue, West Hollywood, California 90046, United States

$1,425,000

$1,021/SF

Building Size

1,395 SF

Asset Type

Closing

Jul 19, 2022

AI

A condo located at 8121 Norton Ave. in West Hollywood has been sold. The property, measured at 1,395 square feet, was sold for a price of $1,425,000. The condo features a price per square foot of $1,021.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $1,425,000
  • Square Footage: 1,395
  • Address: 8121 Norton Ave., West Hollywood

The seller of the condo was Robert Stamp. The buyer was represented by Michael Khorshidi from Compass.

Players

Michael Khorshidi

Compass

Broker

$30.8M

vol

7 deals

Broker

West Hollywood CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

11.13%

Cash-on-Cash

-3.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93