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1276 North Sweetzer Avenue

Michael Maltzman Purchases Multifamily Property At 1276 North Sweetzer Avenue For $1.925M
SOLDMultiFamily

Michael Maltzman Purchases Multifamily Property At 1276 North Sweetzer Avenue For $1.925M

1276 North Sweetzer Avenue

$1,925,000

$313/SF

Building Size

6,133 SF

Asset Type

MultiFamily

Closing

Dec 10, 2025

AI

The property asset involved in this transaction is a multifamily building located at 1276 North Sweetzer Avenue in the West Hollywood market. The sale price was $1,925,000 for a total of 5 units, translating to a price per unit of $385,000. The total square footage of the property is 6,133, resulting in a price per square foot of $313.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,925,000
  • Units: 5
  • Price Per Unit: $385,000
  • Square Footage: 6,133
  • Price Per Square Foot: $313
  • Buyer: Michael Maltzman
  • Seller: Myer Berman
  • Seller's Representative: Jordan Asheghian - Lyon Stahl Investment Real Estate
  • Date of Transaction: 12/10/2025

This deal included 11 property tours and generated 5 offers, with a non-contingent offer received on the first day. The closing proceeded with a 35-day escrow period. Notably, this marks The Jordan Group's 61st closing in the West Hollywood and adjacent areas.

Players

Jordan Asheghian

Lyon Stahl Investment Real Estate

Broker

$257.4M

vol

56 deals

Broker
Lyon Stahl Investment Real Estate
Lyon Stahl Investment Real EstateBrokerage

Michael Maltzman

Buyer

$44.6M

vol

9 deals

Buyer

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

8.24%

Cash-on-Cash

-2.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93