facebook
Traded Co logo
Submit

Yair Mergi Acquires Mixed-Use Property On Fountain Ave In West Hollywood For $1.24M

Property Image
SOLD
$1,240,000
Jacob Weinblut
Bijan Saadati

California

See Similar Deals
Mixed-use1,253 SF
Sold
the dealplayerscompscontact
Property Image
SOLD

Yair Mergi Acquires Mixed-Use Property On Fountain Ave In West Hollywood For $1.24M

7242 Fountain Ave, West Hollywood, CA, USA

See Similar Deals
Mixed-use1,253 SF
Sold
Jacob Weinblut
Bijan Saadati
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Mixed-use
Price Per Square Foot:$989
Total Square Footage:1,253 SF
Transaction Type:Sale

A mixed-use property located at 7242 Fountain Ave in West Hollywood has been sold in a recent transaction. The property was sold for $1,240,000, with a total square footage of 1,253. The price per square foot for this transaction was $989.62.

Summary of transaction details:

  • Property Type: Mixed-Use
  • Transaction Amount: $1,240,000
  • Square Footage: 1,253
  • Price per Square Foot: $989.62
  • Address: 7242 Fountain Ave, West Hollywood

The buyer of the property is Yair Mergi, while the seller is Alla Matusova. Jacob Weinblut and Bijan Saadati from Keller Williams acted as the brokers in this transaction.

Players

Bijan Saadati
Keller Williams Realty
Bijan Saadati
5 deals$16.9M volume
BROKER
Jacob Weinblut
Coldwell Banker
Jacob Weinblut
3 deals$16.6M volume
BROKER

Details

SOLD
IMAGE: Jacob Weinblut @Jacobweinblut & Bijan Saadati @Bijansaadati @Primerealtygroup DATE: 09/25/2019 ADDRESS: 7242 Fountain Ave MARKET: West Hollywood ASSET TYPE: Mixed-Use BUYER: Yair Mergi SELLER: Alla Matusova BROKERS: Jacob Weinblut, Bijan Saadati - Keller Williams PRICE: $1,240,000 SF: 1,253 ~ PPSF: $989.62

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$66,133.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,405.47
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,878.23
Annual Debt Service$70,538.79