San S. Hlaing Acquires 8-Unit Multifamily Property In West Hollywood For $6.8M
1210 Larrabee Street
$6,817,000
$748/SF
Building Size
9,104 SF
Asset Type
MultiFamily
Closing
Aug 10, 2022
AI
The multifamily property located at 1210 Larrabee St in West Hollywood has been sold. The transaction took place on 08/10/2022 for a total sale price of $6,817,000. The property consists of 8 units, with each unit having an average price per unit (PPU) of $852,125. The total square footage of the property is 9,104, resulting in a price per square foot (PPSF) of $748.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $6,817,000
- Units: 8
- Price per Unit (PPU): $852,125
- Square Footage: 9,104
- Price per Square Foot (PPSF): $748
- Address: 1210 Larrabee St.
- Market: West Hollywood
The buyer of the property is San S. Hlaing, and the seller is Bryce Overend. The transaction was facilitated by Jonathan Taksa from Taksa Investment Group, who represented the parties involved as the broker.
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
2.33%
Cash-on-Cash
-0.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93