Ghada Abouzeid Acquires 6-Unit Multifamily In West Hollywood For $5M
501 North San Vicente Boulevard, West Hollywood, California 90048, United States
$5,000,000
$897/SF
Building Size
5,570 SF
Asset Type
MultiFamily
Closing
Dec 10, 2021
AI
A multifamily property located at 501-515 N. San Vicente Blvd. in West Hollywood has been sold for a price of $5,000,000. The property consists of 6 units with a total square footage of 5,570. The price per unit comes to $833,333, while the price per square foot is $897. The sale took place on 12/10/2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $5,000,000
- Address: 501-515 N. San Vicente Blvd.
- Market: West Hollywood
Ghada Abouzeid has acquired the property from Pete Katz. The transaction was facilitated by Will Tiao from Tiao Properties acting as the broker for both parties.
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
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93