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1046 North Sierra Bonita Av...

Updated Dec 19, 2023

West Hollywood Multifamily Sells For $2.57M With Reps Sam Liberow & Max Gersht
SOLDMultiFamily

West Hollywood Multifamily Sells For $2.57M With Reps Sam Liberow & Max Gersht

1046 North Sierra Bonita Avenue, West Hollywood, CA, USA

$2,575,000

$370/SF

Building Size

6,960 SF

Asset Type

MultiFamily

Closing

Apr 8, 2021

About this deal

AI

A multifamily property located at 1046 North Sierra Bonita Avenue in West Hollywood has been sold for a price of $2,575,000. This property consists of 8 units, offering a per unit price of $321,875. The total square footage of the property is 6,960, resulting in a price per square foot of $369.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,575,000
  • Units: 8
  • Price per Unit: $321,875
  • Total Square Footage: 6,960
  • Price per Square Foot: $369
  • Market: West Hollywood

The sale of this multifamily property was facilitated by Sam Liberow from The Liberow Group and Max Gersht from Maximillian Realty. They represented the parties involved in the transaction.

Players

Max Gersht

Marcus & Millichap

Broker

$66M

vol

20 deals

Broker

West Hollywood MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $370 per square foot on a published $2.6M for 6,960 square feet (2021).

Visit Sam Liberow to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.16%

Cash-on-Cash

-1.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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