Josephine Amin Acquires West Hollywood Multifamily For $969K
SOLD
$969,000
California
See Similar DealsMultiFamily1,549 SF
Sold 09/04/2019
SOLD
Josephine Amin Acquires West Hollywood Multifamily For $969K
723 Westmount Dr, West Hollywood, CA, USA
See Similar DealsMultiFamily1,549 SF
Sold 09/04/2019
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$625
Total Square Footage:1,549 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$51,679.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,442.66
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,593.55
Annual Debt Service$55,122.65
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