Jack Harris & Michael Fahimian Of HF Estates Acquire West Hollywood Condo For $4.8M
SOLD
California
See Similar DealsSold 04/14/22
SOLD
Jack Harris & Michael Fahimian Of HF Estates Acquire West Hollywood Condo For $4.8M
9255 Doheny Road & 9255 Doheny Road, West Hollywood, California 90069, United States
See Similar DealsSold 04/14/22
Summary
CALIFORNIA
Transaction Type:Sale
A condo located at 9255 Doheny Rd. in West Hollywood has been sold in a recent transaction. The property was sold for a price of $4,800,000.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $4,800,000
- Market: West Hollywood
- Buyer's Representative: Jack Harris & Michael Fahimian - HF Estates
The sale of this West Hollywood condo was facilitated by Jack Harris and Michael Fahimian from HF Estates. The property was initially listed at an asking price of $6,750,000, but it was ultimately sold for $4,800,000.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$256,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$17,053.38
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,754.45
Annual Debt Service$273,053.39
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