SOLD
Ron Baur Trust Acquires West Hollywood Multifamily For $2.18M With Brokers Michael Monempour And Bryan Glenn
1351 Alta Vista
MultiFamily
6,296 SF
6,296 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
MultiFamily
6,296 sqft
The multifamily property located at 1351 Alta Vista in West Hollywood has been sold for $2,185,000. The property spans over 6,296 square feet, resulting in a price per square foot of $347. It consists of 6 units, with each unit costing approximately $364,166. The capitalization rate for the property stands at 3.72% and the gross rent multiplier is 16.6.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,185,000
- Square Footage: 6,296
- Price Per Square Foot: $347
- Number of Units: 6
- Price Per Unit: $364,166
- Capitalization Rate: 3.72%
- Gross Rent Multiplier: 16.6
Michael Monempour and Bryan Glenn were the brokers involved in the transaction representing the buyer, Ron Baur Trust.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Michael Monempour @Mike_Monem & Bryan Glenn @glenn_bryan
DATE: 11/15/2019
ADDRESS: 1351 Alta Vista
MARKET: West Hollywood
ASSET TYPE: Multifamily
PRICE: $2,185,000
SF: 6,296
PPSF: $347
UNITS: 6
PPU: $364,166
CAP: 3.72%
GRM: 16.6
BUYER: Ron Baur Trust
BROKERS: Michael Monempour, Bryan GlennView on map
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Address1351 Alta Vista
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