Updated Dec 20, 2023
Compass Broker Naomi L. Klein Facilitates $4.1M Multifamily Sale In West Hollywood
1016 North Curson Avenue, West Hollywood, California 90046, United States
$4,100,000
$490/SF
Building Size
8,368 SF
Asset Type
MultiFamily
Closing
Apr 21, 2022
About this deal
AI
The multifamily property located at 1016 N. Curson Ave. in West Hollywood was recently sold for $4,100,000. The sale was facilitated by broker Naomi L. Klein from Compass. The property consists of 10 units, with a price per unit of $410,000. It spans a total of 8,368 square feet, with a price per square foot of $489.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,100,000
- Units: 10
- Price per Unit: $410,000
- Square Footage: 8,368
- Price per Square Foot: $489
- Address: 1016 N. Curson Ave.
- Market: West Hollywood
Naomi L. Klein, a broker from Compass, represented the parties involved in the deal. The sale of this multifamily property marks a significant transaction 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
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93