Updated Sep 9, 2024
Joe Elliott Acquires West Hollywood Condo For $2.3M
West Hollywood, CA, USA
$2,300,000
$1,282/SF
Building Size
1,793 SF
Asset Type
Condo
Closing
Aug 26, 2021
About this deal
AI
A condo located in West Hollywood was recently sold. The property, which has a total area of 1,793 square feet, was purchased by Joe Elliott for a price of $2,300,000. The sale price per square foot is approximately $1,282.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $2,300,000
The buyer in this transaction was Joe Elliott. He is the proud new owner of the condo in West Hollywood. The deal was facilitated by Dustin Nicholas from Nicholas Property Group, as well as Judy Lin Young and Anthony Mariotti from United Real Estate Los Angeles, who acted as the brokers in the transaction.
On the Map
$2,300,000
$1,282/SF
Condo
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Players
West Hollywood Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $1.3K per square foot on a published $2.3M for 1,793 square feet (2021).
Visit Judy Lin Young to view all their deals.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.90%
Cash-on-Cash
-1.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93