Updated Dec 21, 2023
540 Westmount Dr. In West Hollywood Sells For $3.65M With Alexis Boris-Waterman As The Broker
540 Westmount Dr, West Hollywood, CA, USA
$3,650,000
$1,520/SF
Building Size
2,400 SF
Asset Type
Co-Op
Closing
Feb 7, 2021
About this deal
AI
A residential property located at 540 Westmount Dr. in West Hollywood has recently been sold. The property, which falls under the category of Residential Apartments / Condos / Co-ops / Houses, was sold for a price of $3,650,000. The asking price for the property was $3,595,000, indicating that it was sold very close to the initial asking price. The property spans an area of 2,400 square feet, resulting in a price per square foot of $1,520.
Summary of transaction details
- Property Type: Residential Apartments / Condos / Co-ops / Houses
- Transaction Amount: $3,650,000
- Address: 540 Westmount Dr.
- Market: West Hollywood
The transaction was facilitated by Alexis Boris-Waterman from Alexis Estates. Alexis Boris-Waterman acted as the broker for the deal, representing either the buyer or seller. Further details about other individuals involved in the transaction were not provided in the available information.
On the Map
$3,650,000
$1,520/SF
Co-Op
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Players
West Hollywood Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.35%
Cash-on-Cash
-1.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93