Updated Dec 21, 2023
Dominic Waechter Acquires Hollywood Multifamily For $3.5M
6611 Leland Way
$3,535,000
$553/SF
Building Size
6,384 SF
Asset Type
MultiFamily
Closing
Sep 7, 2021
About this deal
AI
A multifamily property located at 6611 Leland Way in Hollywood was recently sold for a total price of $3,535,000. The property consists of 4 units with an average price per unit of $883,750. The total square footage of the property is 6,384, resulting in a price per square foot of $553.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,535,000
- Units: 4
- Average Price per Unit: $883,750
- Square Footage: 6,384
- Price per Square Foot: $553
The buyer in this transaction is Dominic Waechter and the seller is Monday Justice. The deal was facilitated by brokers Sam Liberow and Max Gersht.
On the Map
$3,535,000
$553/SF
MultiFamily
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Players
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
4.49%
Cash-on-Cash
-1.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93