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Huntley Drive, West Hollywo...

Weston Acquires West Hollywood Condo For $2.7M
SOLD

Weston Acquires West Hollywood Condo For $2.7M

Huntley Drive, West Hollywood, CA, USA

$2,675,000

$1,094/SF

Building Size

2,445 SF

Asset Type

Closing

Nov 22, 2021

AI

A 2,445 square foot condo located on Huntley Drive in West Hollywood was sold on November 22, 2021. The property was purchased by Weston for a sale price of $2,675,000, resulting in a price per square foot of $1,094.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $2,675,000
  • Market: West Hollywood
  • Buyer: Weston
  • Buyer's Representative: Weston Littlefield - Aaron Kirman Group
  • Seller's Representatives: @ChristinacCollins, @JamesBondSt, and @DavidBondSt
  • Address: Huntley Drive
  • Total Square Footage: 2,445
  • Price Per Square Foot: $1,094

Weston Littlefield, from the Aaron Kirman Group, represented Weston in the transaction. The seller's representatives were @ChristinacCollins, @JamesBondSt, and @DavidBondSt.

Players

David Parnes

Carolwood Estates

Broker

$502.2M

vol

26 deals

Broker
The Agency
The AgencyBrokerage

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

5.93%

Cash-on-Cash

-1.69%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93