Capital Funding Partners Acquires Multifamily Property In West Hollywood For $4.5M
1015 N Vista St, West Hollywood, CA, USA
$4,525,000
$559/SF
Building Size
8,094 SF
Asset Type
MultiFamily
Closing
May 3, 2021
AI
A multifamily property located at 1015 N Vista St. in West Hollywood, was recently sold for $4,525,000. The transaction took place on May 4, 2021. The property consists of 10 units with a price per unit of $452,000. The total square footage of the property is 8,094, with a price per square foot of $559. The buyer of the property was Capital Funding Partners, while Vista Homey LLC acted as the seller. The brokers involved in the deal were Peter Strauss and Adam Zunder.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,525,000
- Units: 10
- Price per Unit: $452,000
- Square Footage: 8,094
- Price per Square Foot: $559
- Market: West Hollywood
- Buyer: Capital Funding Partners (@CapFundPartners)
- Seller: Vista Homey LLC
- Brokers: Peter Strauss & Adam Zunder
The sale of this multifamily property in West Hollywood was facilitated by the brokers, Peter Strauss and Adam Zunder. Capital Funding Partners acted as the buyer, while Vista Homey LLC represented the seller. The transaction highlights the ongoing demand for multifamily properties in the West Hollywood market.
Players
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
3.51%
Cash-on-Cash
-1.00%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93