Updated Dec 20, 2023
7621 Hampton Ave Multifamily Sold In West Hollywood For $2.05M
7621 Hampton Avenue, West Hollywood, CA 90046, USA
$2,050,000
$322/SF
Building Size
6,356 SF
Asset Type
MultiFamily
Closing
Feb 5, 2019
About this deal
AI
A multifamily property located at 7621 Hampton Ave in West Hollywood has recently been sold. The property, which spans 6,356 square feet, was sold for a price of $2,050,000. This equates to a price per square foot of $322.53.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,050,000
- Address: 7621 Hampton Ave
- Market: West Hollywood
Jordan Asheghian and Tony Azzi were the brokers responsible for facilitating this deal. This marks the first time the property has been on the market in over 30 years. The property was sold at a cap rate of 3.01% and represents 18.61 times the gross income.
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
7.74%
Cash-on-Cash
-2.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93