Updated Dec 4, 2024
Menachem Dahan & Aaron Mishael Acquire 10-Unit Multifamily Property In West Hollywood
1008 North Stanley Avenue
$3,780,250
$437/SF
Building Size
8,632 SF
Asset Type
MultiFamily
Closing
Apr 28, 2023
About this deal
AI
A multifamily property located at 1008 North Stanley Avenue in West Hollywood has been sold in a recent transaction. The property consists of 10 units with a total square footage of 8,632. The sale price for this transaction was $3,780,250, which translates to a price per unit of $378,025 and a price per square foot of $438.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,780,250
- Address: 1008 North Stanley Avenue
- Market: West Hollywood
- Units: 10
- Price per Unit: $378,025
- Square Footage: 8,632
- Price per Square Foot: $438
The buyers of this property were Menachem Dahan and Aaron Mishael. The seller for this transaction was Elijah Rosenberg. The deal was facilitated by Jake Plewa from Remax acting as the broker.
On the Map
$3,780,250
$437/SF
MultiFamily
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Market 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
4.20%
Cash-on-Cash
-1.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93