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1015 N Vista St, West Holly...

Capital Funding Partners Acquires Multifamily Property In West Hollywood For $4.5M
SOLDMultiFamily

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

Peter Strauss

Broker

$61.9M

vol

7 deals

Broker
CP
Capital Funding PartnersBuyer

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