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1000 North Curson Avenue

Alan Wu Purchases Multifamily Asset At 1000 North Curson Avenue For $3.45M Seller Jordan Sachs
SOLDMultiFamily

Alan Wu Purchases Multifamily Asset At 1000 North Curson Avenue For $3.45M Seller Jordan Sachs

1000 North Curson Avenue

$3,450,000

$369/SF

Building Size

9,346 SF

Asset Type

MultiFamily

Closing

Apr 10, 2025

AI

The property asset involved in this transaction is a multifamily unit located at 1000 North Curson Avenue in West Hollywood. The sale price for the property was $3,450,000, comprising 12 units. The total square footage of the asset is 9,346, with a price per unit of $287,500 and a price per square foot of $369.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,450,000
  • Units: 12
  • Square Footage: 9,346
  • Price Per Unit: $287,500
  • Price Per Square Foot: $369
  • Buyer: Alan Wu
  • Seller: Jordan Sachs - Bold Partners
  • Broker: Sam Liberow - The Liberow Group - Marcus & Millichap Encino

The key individuals involved in the transaction include Alan Wu, who acted as the buyer, and Jordan Sachs of Bold Partners, who was the seller. Sam Liberow represented the seller in this deal through his agency, The Liberow Group, under Marcus & Millichap Encino.

Players

Sam Liberow

Marcus & Millichap

Broker

$762.3M

vol

105 deals

Broker
BP
Bold PartnersSeller

West Hollywood MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.60%

Cash-on-Cash

-1.31%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93