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818 North Doheny Drive, Wes...

Voyage Real Estate Compass Brokers Sell West Hollywood Condo For $2.5M
SOLD

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

Evan Dolmatsky

The Beverly Hills Estates

Broker

$80.6M

vol

14 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

6.35%

Cash-on-Cash

-1.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93