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8420 West Sunset Boulevard

The Pendry Residences Sells Condo On Sunset Blvd In West Hollywood For $2.75M
SOLDCondo

The Pendry Residences Sells Condo On Sunset Blvd In West Hollywood For $2.75M

8420 West Sunset Boulevard

$2,750,000

$1,168/SF

Building Size

2,353 SF

Asset Type

Condo

Closing

May 17, 2022

AI

The Pendry Residences sold a condo in West Hollywood located at 8420 Sunset Blvd. The condo transaction took place on 05/17/2022. The condo spans over 2,353 square feet, with a price per square foot of $1,168. The sale price for the condo was $2,750,000.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $2,750,000
  • Address: 8420 Sunset Blvd., West Hollywood
  • Market: West Hollywood
  • Broker: Alexa Kort - Rodeo Realty

Alexa Kort from Rodeo Realty represented The Pendry Residences as the seller's broker in this condo sale.

Players

Alexa Kort

Rodeo Realty

Broker

$74M

vol

8 deals

Broker

West Hollywood Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.77%

Cash-on-Cash

-1.65%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93