1201 Crescent Heights Multi-Family Property In WeHo Sold For $15.6M With Buyers Justin Mateen & Ben Keywanfar
SOLD
$15,560,000
+ 1
California
See Similar DealsMultiFamily33,916 SF
Sold 11/01/2018
SOLD
1201 Crescent Heights Multi-Family Property In WeHo Sold For $15.6M With Buyers Justin Mateen & Ben Keywanfar
1201 North Crescent Heights Boulevard, West Hollywood, CA, USA
See Similar DealsMultiFamily33,916 SF
Sold 11/01/2018
+ 1
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$458
Total Square Footage:33,916 SF
Transaction Type:Sale
The multi-family property located at 1201 N Crescent Heights Blvd in WeHo has been sold for a price of $15,560,000. The property spans a total area of 33,916 square feet and has a price per square foot of $458.7. The transaction took place on 11/01/2018. The seller of the property was the Nissel Family.
Summary of transaction details
- Property Type: Multi Family
- Transaction Amount: $15,560,000
- Address: 1201 N Crescent Heights Blvd
- Market: WeHo
The buyers of the property are 1201 Crescent Properties, represented by Ben Keywanfar and Justin Mateen. The brokers involved in the deal were Marcia Glow, Tony Azzi, and Rabbie Banafsheha.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$829,866.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$55,281.39
Cash-on-Cash Return-1.27%
Monthly Debt Service$73,762.34
Annual Debt Service$885,148.06
Is there something missing? Send suggestions