David Oheb & Max Jacobson Arrange $3.15M Refinance Loan For Multifamily Property In West Hollywood
540 North Orlando Avenue
$3,150,000
$201/SF
Building Size
15,600 SF
Asset Type
MultiFamily
Closing
Jul 29, 2025
AI
The property involved in this transaction is located at 540 North Orlando Avenue in West Hollywood, featuring 17 multifamily units across 15,600 square feet. The refinancing for this asset amounted to $3,150,000, with a loan type of fixed at 5.95% for a duration of 5 years.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,150,000
- Loan Type: Refinance
- Loan Terms: 5.95% Fixed for 5 Years
- Address: 540 North Orlando Avenue
- Market: West Hollywood
- Units: 17
- Square Footage: 15,600
The transaction was represented by brokers David Oheb and Max Jacobson from Meridian Capital Group. Meridian is focused on arranging financing for various project types including multifamily and mixed-use properties, along with retail and industrial projects, throughout California, New York, and other regions in the country.
Players
West Hollywood MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.04%
Cash-on-Cash
-1.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93