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:
- 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.
Players
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