Leo Pustilnikov Acquires Multifamily Property In West Hollywood For $4.2M
1127 Horn Avenue, West Hollywood, CA, USA
$4,200,000
$531/SF
Building Size
7,907 SF
Asset Type
MultiFamily
Closing
Nov 5, 2019
AI
The multifamily property located at 1127 Horn Avenue in West Hollywood has been sold for a price of $4,200,000. The transaction took place on November 6, 2019. The property is a part of the West Hollywood market and is an asset type of multifamily.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $4,200,000
- Address: 1127 Horn Avenue
- Market: West Hollywood
The buyer of the property is Leo Pustilnikov, while the seller is Monte Overstreet. The deal was facilitated by brokers Dara Aminian, Jeff Benson, and Richard Ringer.
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
3.78%
Cash-on-Cash
-1.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93