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9255 Doheny Road

Adam Sands Acquires West Hollywood Condo For $2.6M With Buyer's Rep Cooper Mount - The Agency
SOLDCondo

Adam Sands Acquires West Hollywood Condo For $2.6M With Buyer's Rep Cooper Mount - The Agency

9255 Doheny Road

$2,600,000

$1,998/SF

Building Size

1,301 SF

Asset Type

Condo

Closing

Apr 29, 2022

AI

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:

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.

Players

Michael Fahimian

Broker

$332.4M

vol

24 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

6.10%

Cash-on-Cash

-1.74%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93