Leone Smart Acquires Mixed-Use Property At 920 North Fairfax Avenue For $9M With Brokers Jake Zacuto & Sammy Santana
920 North Fairfax Avenue
$9,000,000
$794/SF
Building Size
11,328 SF
Asset Type
Mixed-use
Closing
Jul 2, 2025
AI
A mixed-use property located at 920 North Fairfax Avenue in West Hollywood was sold for $9,000,000. The asset spans 11,328 square feet, resulting in a price per square foot of $794.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $9,000,000
- Address: 920 North Fairfax Avenue
- Market: West Hollywood
- Square Footage: 11,328
- Price Per Square Foot: $794
- Buyer: Leone Smart
- Seller: Alex Beloka
- Broker Representatives: Jake Zacuto & Sammy Santana - Zacuto Group
The transaction involved Leone Smart as the buyer and Alex Beloka as the seller, with representation from brokers Jake Zacuto and Sammy Santana of Zacuto Group. This sale marks a significant deal within the marketplace.
Players
West Hollywood Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.76%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93