Donald De Line Acquires Condo In Sunset Strip For $5.1M
9255 Doheny Road
$5,100,000
$2,195/SF
Building Size
2,323 SF
Asset Type
—
Closing
Jul 15, 2021
AI
A condo located at 9255 Doheny Rd. in Sunset Strip has been sold in a recent transaction. The property measures 2,323 square feet and was sold for a price of $5,100,000 at a rate of $2,195 per square foot.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $5,100,000
- Address: 9255 Doheny Rd., Sunset Strip
- Square Footage: 2,323 sqft
- Price per Square Foot: $2,195
The buyer of the condo is Donald De Line, while Ernest Schmider - PIMCO Funds acted as the seller. The deal was facilitated by brokers Joshua Greer and Rudy Serrato from Hilton & Hyland, as well as Ernie Carswell and Christopher Pickett from Douglas Elliman.
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
3.11%
Cash-on-Cash
-0.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93