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351 North La Jolla Avenue, ...

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

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

$3,550,000

$865/SF

Building Size

4,100 SF

Asset Type

MultiFamily

Closing

Jun 10, 2019

AI

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

Broker

$3.6M

vol

3 deals

Broker

Los Angeles 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

4.47%

Cash-on-Cash

-1.28%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93