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Melonie Golowinski Sells Multifamily Property In West Hollywood For $2.7M

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SOLD
$2,658,546

California

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MultiFamily7,628 SF
Sold 04/24/2024
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Property Image
SOLD

Melonie Golowinski Sells Multifamily Property In West Hollywood For $2.7M

1147 North Vista Street

See Similar Deals
MultiFamily7,628 SF
Sold 04/24/2024
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$348
Total Square Footage:7,628 SF
Transaction Type:Sale

The multifamily property located at 1147 North Vista Street in West Hollywood was sold for a price of $2,658,546. The property comprises 11 units with a price per unit of $241,686 and spans across 7,628 square feet, resulting in a price per square foot of $349.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,658,546
  • Units: 11
  • Price Per Unit: $241,686
  • Square Footage: 7,628
  • Price Per Square Foot: $349
  • Address: 1147 North Vista Street
  • Market: West Hollywood

The sale of this property was facilitated by brokers Sam Liberow, Max Gersht, and David Askari from The Liberow Group at Marcus & Millichap Encino. Melonie Golowinski was the seller in this transaction.

Players

Max Gersht
20 deals$66M volume
BROKER

Sam Liberow
Marcus & Millichap
105 deals$762.3M volume
BROKER

David Askari
Marcus & Millichap
2 deals$4.5M volume
BROKER

Details

SOLD
IMAGE: Sam Liberow, Max Gersht & David Askari DATE: 04/24/2024 ADDRESS: 1147 North Vista Street MARKET: West Hollywood ASSET TYPE: Multifamily SELLER: Melonie Golowinski BROKERS: Sam Liberow (@Sam_liberow), Max Gersht (@Maximillian_Realty), David Askari (@DaveAsk) - The Liberow Group (@TheLiberowGroup) - Marcus & Millichap Encino (@Marcusmillichapencino) SALE PRICE: $2,658,546 UNITS: 11 ~ PPU: $241,686 SF: 7,628 ~ PPSF: $349

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$141,789.11

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$9,445.26
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,602.86
Annual Debt Service$151,234.37