Benjamin Illulian Acquires Multifamily Property In West Hollywood For $4.61M
1230 Horn Ave, West Hollywood, CA, USA
$4,610,000
$5,726/SF
Building Size
805 SF
Asset Type
MultiFamily
Closing
Apr 30, 2019
AI
The multifamily property located at 1230 Horn Ave in West Hollywood was sold on May 1, 2019. The transaction was brokered by Benjamin Illulian from Illulian Realty. The property was sold for a total price of $4.61M.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4.61M
- Address: 1230 Horn Ave
- Market: West Hollywood
- Broker: Benjamin Illulian - Illulian Realty
This sale, facilitated by Benjamin Illulian, marks the successful transfer of ownership of the multifamily property at 1230 Horn Ave in West Hollywood.
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
3.44%
Cash-on-Cash
-0.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93