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1205 N Hayworth Ave, West H...

Updated Oct 29, 2024

Lava Properties LLC Acquires 10-Unit Property In West Hollywood For $3.9M
SOLDMultiFamily

Lava Properties LLC Acquires 10-Unit Property In West Hollywood For $3.9M

1205 N Hayworth Ave, West Hollywood, CA, USA

$3,925,000

$404/SF

Building Size

9,715 SF

Asset Type

MultiFamily

Closing

Sep 18, 2019

About this deal

AI

Located in West Hollywood, the property at 1205 N Hayworth Ave recently changed hands in a sale transaction. The deal was facilitated by Sam Liberow of Lava Properties LLC. The property spans 9,715 square feet with 10 units, offering ample space for residents. The purchase price for this transaction was $3,925,000, resulting in a price per square foot of $404.14. Each unit was sold at an average price of $392,500.

Summary of transaction details

  • Property Type: Sale
  • Transaction Amount: $3,925,000
  • Square Footage: 9,715
  • Address: 1205 N Hayworth Ave
  • Market: West Hollywood
  • Buyer: Lava Properties LLC
  • Broker: Sam Liberow - Lava Properties LLC
  • Price per Square Foot: $404.14
  • Number of Units: 10
  • Price per Unit: $392,500

This transaction showcases the successful collaboration between Lava Properties LLC and Sam Liberow, who represented the buyer in the deal. The property's convenient location in West Hollywood makes it an attractive investment opportunity.

Players

Sam Liberow

Marcus & Millichap

Broker

$775.3M

vol

108 deals

Broker
LL
Lava Properties LLCBuyer

West Hollywood MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $404 per square foot on a published $3.9M for 9,715 square feet (2019).

Visit Sam Liberow to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.04%

Cash-on-Cash

-1.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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