Updated Dec 20, 2023
Steven Mansueto Acquires 6-Unit West Hollywood MultiFamily For $1.675M
7506 Norton Avenue, West Hollywood, California 90046, United States
$1,675,000
$628/SF
Building Size
2,665 SF
Asset Type
MultiFamily
Closing
Apr 6, 2022
About this deal
AI
The multi-family property located at 7506 Norton Ave in West Hollywood has been sold. The transaction took place on 04/07/2022.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $1,675,000
- Address: 7506 Norton Ave
- Market: West Hollywood
- Buyer: Steven Mansueto
- Seller: Robert Richman
- Broker: Sam Liberow (The Liberow Group) - Marcus & Millichap
- Units: 6
- Price per Unit (PPU): $279,166
- Total Square Footage: 2,665
- Price per Square Foot (PPSF): $628
Sam Liberow from The Liberow Group represented the seller, Robert Richman, in this transaction. Marcus & Millichap served as the brokerage firm involved.
Players
West Hollywood MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Lucas Vargas to view all their deals.
Browse California multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.47%
Cash-on-Cash
-2.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93