Updated Dec 21, 2023
Liberow Group Facilitates $3.7M Sale Of Multifamily Property In West Hollywood
7631 Norton Avenue, West Hollywood, CA 90046, USA
$3,695,000
$430/SF
Building Size
8,583 SF
Asset Type
MultiFamily
Closing
Mar 14, 2019
About this deal
AI
A multifamily property located at 7631 Norton Ave in West Hollywood has been sold. The property consists of 10 units with a total square footage of 8,583. The sale took place on 03/15/2019, with a selling price of $3,695,000. This translates to a price per unit (PPU) of $369,500. The price per square foot (PPSF) is calculated at $430.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,695,000
- Address: 7631 Norton Ave
- Market: West Hollywood
- Units: 10
- Price per Unit (PPU): $369,500
- Square Footage: 8,583
- Price per Square Foot (PPSF): $430
The transaction was facilitated by Sam Liberow, a representative from The Liberow Group, who acted as the broker for the deal.
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
4.29%
Cash-on-Cash
-1.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93