Fanny Forman Sells Multifamily Property In West Hollywood For $2.95M With Brokers Sam Liberow, Max Gersht & Michael Monempour
617 North Sweetzer Avenue, West Hollywood, California 90048, United States
$2,950,000
$426/SF
Building Size
6,916 SF
Asset Type
MultiFamily
Closing
Dec 15, 2021
AI
Located at 617 Sweetzer in West Hollywood, this multifamily property was recently sold in a closed transaction. The property consists of 7 units with a total square footage of 6,916. The sale price for this property was $2,950,000, making the price per unit $421,428 and the price per square foot $426.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $2,950,000
- Address: 617 Sweetzer, West Hollywood
- Number of Units: 7
- Price per Unit: $421,428
- Square Footage: 6,916
- Price per Square Foot: $426
The seller of this property was Fanny Forman. The deal was facilitated by the brokerage team consisting of Sam Liberow, Max Gersht, and Michael Monempour from Kidder Mathews.
Players
West Hollywood MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.38%
Cash-on-Cash
-1.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93