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540 Westmount Dr, West Holl...

540 Westmount Dr. In West Hollywood Sells For $3.65M With Alexis Boris-Waterman As The Broker
SOLDCo-Op

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

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.

Players

Alexis Boris Waterman

Broker

$9.5M

vol

3 deals

Broker

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