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723 Westmount Dr, West Holl...

Updated Dec 21, 2023

Josephine Amin Acquires West Hollywood Multifamily For $969K
SOLDMultiFamily

Josephine Amin Acquires West Hollywood Multifamily For $969K

723 Westmount Dr, West Hollywood, CA, USA

$969,000

$625/SF

Building Size

1,549 SF

Asset Type

MultiFamily

Closing

Sep 3, 2019

About this deal

AI

Located in West Hollywood, this multifamily property at 723 Westmount Dr has recently been sold. The transaction took place on September 4, 2019, with Josephine Amin from Josephine Amin Realty acting as the broker.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $969,000
  • Address: 723 Westmount Dr
  • Market: West Hollywood
  • Broker: Josephine Amin - Josephine Amin Realty

The property spans 1,549 square feet, valuing at $625.56 per square foot.

The multifamily sale at 723 Westmount Dr, West Hollywood, CA, USA in West Hollywood, California sold for $969K in 2019. The building is 1,549 square feet, implying about 625 per square foot on the published price. Named participants on the 723 Westmount Dr, West Hollywood, CA, USA sale are Josephine Amin. This page is the West Hollywood, California file for the 723 Westmount Dr, West Hollywood, CA, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same West Hollywood sit in the Market section below. Filter that West Hollywood multifamily set by closing date to see what else sold near 723 Westmount Dr, West Hollywood, CA, USA around 2019. Published consideration for 723 Westmount Dr, West Hollywood, CA, USA is $969K, dated 2019. Cite this Josephine Amin Acquires West Hollywood Multifamily For $969K sale when underwriting similar multifamily product around West Hollywood, California.

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$969,000

$625/SF

MultiFamily

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Players

Josephine Amin

Broker

$12.3M

vol

5 deals

Broker
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West Hollywood MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $625 per square foot on a published $969K for 1,549 square feet (2019).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

16.37%

Cash-on-Cash

-4.68%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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