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5350 Huntington Drive South...

Updated Dec 21, 2023

Hotel At 5350 Huntington Dr In Los Angeles Sold For $8.77M, Sam Liberow Represents Buyer And Seller
SOLDHotel

Hotel At 5350 Huntington Dr In Los Angeles Sold For $8.77M, Sam Liberow Represents Buyer And Seller

5350 Huntington Drive South, Los Angeles, CA, USA

$8,770,000

$503/SF

Building Size

17,426 SF

Asset Type

Hotel

Closing

Dec 28, 2020

About this deal

AI

An $8,770,000 hotel located at 5350 Huntington Dr in Los Angeles was recently sold. The property features a total square footage of 17,426, resulting in a price per square foot of $503. The transaction was completed on December 29, 2020.

Summary of transaction details

  • Property Type: Hotel
  • Transaction Amount: $8,770,000
  • Square Footage: 17,426
  • Price per Square Foot: $503
  • Address: 5350 Huntington Dr, Los Angeles

The sale was facilitated by Sam Liberow from The Liberow Group.

The hotel sale at 5350 Huntington Drive South, Los Angeles, CA, USA in Los Angeles, California sold for $8.8M in 2020. The building is 17,426 square feet, implying about 503 per square foot on the published price. Sam Liberow, Marcus & Millichap appear on the sale alongside Marcus & Millichap. This page is the Los Angeles, California file for the 5350 Huntington Drive South, Los Angeles, CA, USA hotel sold: pricing, party profiles, and other closed hotel comps from the same Los Angeles sit in the Market section below. Filter that Los Angeles hotel set by closing date to see what else sold near 5350 Huntington Drive South, Los Angeles, CA, USA around 2020. Published consideration for 5350 Huntington Drive South, Los Angeles, CA, USA is $8.8M, dated 2020. Cite this Hotel At 5350 Huntington Dr In Los Angeles Sold For $8.77M, Sam Liberow Represents Buyer And Seller sale when underwriting similar hotel product around Los Angeles, California.

Players

Sam Liberow

Marcus & Millichap

Broker

$775.3M

vol

108 deals

Broker

Los Angeles Hotel Market Snapshot

Boundary boundary · Hotel · Sale transactions

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Deal FAQ

About $503 per square foot on a published $8.8M for 17,426 square feet (2020).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.81%

Cash-on-Cash

-0.52%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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