Adam Sands Acquires West Hollywood Condo For $2.6M With Buyer's Rep Cooper Mount - The Agency
SOLD
$2,600,000
California
See Similar DealsCondo1,301 SF
Sold 04/29/2022
SOLD
Adam Sands Acquires West Hollywood Condo For $2.6M With Buyer's Rep Cooper Mount - The Agency
9255 Doheny Road
See Similar DealsCondo1,301 SF
Sold 04/29/2022
Summary
CALIFORNIA
Asset Type:Condo
Price Per Square Foot:$1,998
Total Square Footage:1,301 SF
Transaction Type:Sale
Located at 9255 Doheny Rd. in West Hollywood, this recently sold condo is an attractive asset in the real estate market. The property spans 1,301 square feet and was sold for a total price of $2,600,000, resulting in a price per square foot of $1,998. The transaction took place on April 29, 2022.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,600,000
- Buyer: Adam Sands
- Buyer's Representative: Cooper Mount - The Agency
- Seller's Representatives: Jack Harris & Michael Fahimian - HF Estates
The buyer in this transaction is Adam Sands, represented by Cooper Mount of The Agency. On the other side, the seller was represented by Jack Harris and Michael Fahimian of HF Estates. This deal marks a significant transaction in the West Hollywood real estate market.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$138,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,237.24
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,325.33
Annual Debt Service$147,903.92
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