Voyage Real Estate Compass Brokers Sell West Hollywood Condo For $2.5M
818 North Doheny Drive, West Hollywood, CA, USA
$2,500,000
$1,583/SF
Building Size
1,579 SF
Asset Type
—
Closing
Aug 31, 2021
AI
Located at 818 N. Doheny Dr. in West Hollywood, this recently closed condo transaction is worth mentioning. The property, spanning 1,579 square feet, was sold for a total of $2,500,000. With a price per square foot (PPSF) of $1,583, it offers a desirable investment opportunity in a prime location.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $2,500,000
- Address: 818 N. Doheny Dr., West Hollywood
- SF: 1,579
- PPSF: $1,583
Evan Dolmatsky and Ari Afshar, representing Voyage Real Estate at Compass, were the brokers involved in this deal. Their expertise and professionalism ensured a successful transaction for all parties involved. The collaboration between the buyer, seller, and the brokers made this deal possible, showcasing their commitment to achieving a mutually beneficial outcome.
For more information on Voyage Real Estate and Compass, please visit their website at voyagerealestate.com.
Players
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
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93