Fay Ghafouri Acquires 10-Unit Multifamily In West Hollywood For $4.15M
1045 North Edinburgh Avenue
$4,150,000
$482/SF
Building Size
8,605 SF
Asset Type
MultiFamily
Closing
Jul 19, 2022
AI
The multifamily property located at 1045 N. Edinburgh Ave. in West Hollywood has been sold for $4,150,000. The property consists of 10 units, resulting in a per unit price of $415,000. The total square footage of the property is 8,605, with a price per square foot of $482. The sale was completed on 07/19/2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,150,000
- Units: 10
- Price per Unit: $415,000
- Square Footage: 8,605
- Price per Square Foot: $482
- Date: 07/19/2022
- Address: 1045 N. Edinburgh Ave.
- Market: West Hollywood
Fay Ghafouri purchased the property from David Termeforoosh. The transaction was facilitated by brokers Sam Liberow from The Liberow Group, Max Gersht from Marcus & Millichap, and Sara Kheradmandan from CBRE.
Players
Los Angeles MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.82%
Cash-on-Cash
-1.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93