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West Hollywood Multifamily Sells For $3.55M With Brokers Nichole Shanfeld And Neyshia Go

Property Image
SOLD
$3,550,000
Nichole Shanfeld
Jennifer Winston
Craig Knizek

California

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MultiFamily4,100 SF
Sold 06/11/2019
the dealplayerscompscontact
Property Image
SOLD

West Hollywood Multifamily Sells For $3.55M With Brokers Nichole Shanfeld And Neyshia Go

351 North La Jolla Avenue, West Hollywood, Los Angeles, CA 90048, USA

See Similar Deals
MultiFamily4,100 SF
Sold 06/11/2019
Nichole Shanfeld
Jennifer Winston
Craig Knizek
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$865
Total Square Footage:4,100 SF
Transaction Type:Sale

A multifamily property located at 351 N La Jolla in West Hollywood has been sold for a price of $3,550,000. The property spans 4,100 square feet, translating to a price per square foot of $865.85.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $3,550,000
  • Square Footage: 4,100
  • Price Per Square Foot: $865.85
  • Address: 351 N La Jolla, West Hollywood
  • Market: West Hollywood

The sale was facilitated by brokers Nichole Shanfeld, Neyshia Go, Craig Knizeck, and Jennifer Winston.

Players

Jennifer Winston
The Agency
Jennifer Winston
3 deals$3.6M volume(424) 230-7792
BROKER
Craig Knizek
The Agency
Craig Knizek
16 deals$126.5M volume
BROKER
Nichole Shanfeld
Nichole Shanfeld
6 deals$28.9M volume
BROKER

Details

SOLD
IMAGE: Neyshia Go @neyshiago & Nichole Shanfeld @nicshanfeld DATE: 06/11/2019 ADDRESS: 351 N La Jolla MARKET: West Hollywood ASSET TYPE: Multifamily PRICE: $3,550,000 SF: 4,100 PPSF: $865.85 BROKERS: Nichole Shanfeld, Neyshia Go, Craig Knizeck & Jennifer Winston

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$189,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$12,612.41
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,828.81
Annual Debt Service$201,945.73