Updated Jan 15, 2026
Michael Maltzman Acquires Multifamily Asset From Roger Murphey In West Hollywood For $1.675M
1117 North Clark Street
$1,675,000
$468/SF
Building Size
3,573 SF
Asset Type
MultiFamily
Closing
Aug 1, 2024
About this deal
AI
The property asset involved in this transaction is a multifamily building located at 1117 North Clark Street in West Hollywood. The sale price for the property was $1,675,000, which includes a total of 5 units. The total square footage of the asset is 3,573 with a price per unit of $335,000 and a price per square foot of $468.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,675,000
- Units: 5
- Square Footage: 3,573
- Price Per Unit: $335,000
- Price Per Square Foot: $468
- Buyer: Michael Maltzman
- Seller: Roger Murphey
- Broker: Steven Kirshbaum - The Agency
- Transaction Date: 08/01/2024
This transaction highlights the key individuals involved, including the buyer Michael Maltzman and seller Roger Murphey, with Steven Kirshbaum from The Agency representing the broker in the deal.
On the Map
$1,675,000
$468/SF
MultiFamily
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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
9.47%
Cash-on-Cash
-2.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93