Updated Jul 14, 2025
Dhar Mann Acquires The Edition Hotel Penthouse In West Hollywood For $11.1M
9040 West Sunset Boulevard
$11,100,000
$2,883/SF
Building Size
3,850 SF
Asset Type
Condo
Closing
Jul 10, 2025
About this deal
AI
The property involved in this transaction is a condo located at 9040 West Sunset Boulevard Penthouse B - The Edition Hotel Penthouse, situated in the West Hollywood market. The sale was completed for a price of $11,100,000, with a total square footage of 3,850, resulting in a price per square foot of $2,883.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $11,100,000
- Address: 9040 West Sunset Boulevard Penthouse B - The Edition Hotel Penthouse
- Market: West Hollywood
- Square Footage: 3,850
- Price Per Square Foot: $2,883
- Buyer: Dhar Mann
- Seller: Nick & Natasha Gross
- Seller's Representative: Nicole Plaxen, Shauna Walters, Laugharn Pierose, Branden Williams & Rayni Williams - Williams & Williams Estates Group - The Beverly Hills Estates
The deal was facilitated by multiple representatives from Williams & Williams Estates Group, showcasing a collaborative effort in the transaction. The agent team included Nicole Plaxen, Shauna Walters, Laugharn Pierose, Branden Williams, and Rayni Williams, representing the sellers, Nick and Natasha Gross.
Players
West Hollywood Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $2.9K per square foot on a published $11.1M for 3,850 square feet (2025).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.43%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93