Updated Dec 20, 2023
Alex Sirota Acquires West Hollywood Multifamily For $3.2M With Buyer's Rep T.C. Macker And Seller Dora Holland
7611 Lexington Avenue, West Hollywood, CA 90046
$3,200,000
$462/SF
Building Size
6,918 SF
Asset Type
MultiFamily
Closing
Dec 10, 2021
About this deal
AI
The multifamily property located at 7611 Lexington Ave. in West Hollywood has been sold. The transaction took place on December 10, 2021. The property consists of 8 units and has a total square footage of 6,918. The sale price for the property was $3,200,000, resulting in a price per unit of $400,000 and a price per square foot of $462.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,200,000
- Address: 7611 Lexington Ave.
- Market: West Hollywood
- Units: 8
- Price per Unit: $400,000
- Square Footage: 6,918
- Price per Square Foot: $462
The buyer of the property is Alex Sirota, and the seller is Dora Holland. T.C. Macker, Christian C. Holland, Wood Cook & Jennifer Moscoso from WESTMAC Commercial Brokerage Company represented the buyer in this transaction.
On the Map
$3,200,000
$462/SF
MultiFamily
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Players
West Hollywood 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
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93