Updated Dec 21, 2023
The Liberow Group Sells Multifamily Property In West Hollywood For $3.6M
7654 Fountain Ave, West Hollywood, CA, USA
$3,610,000
$345/SF
Building Size
10,458 SF
Asset Type
MultiFamily
Closing
Jun 29, 2020
About this deal
AI
A multifamily property located at 7654 Fountain Ave in West Hollywood has been sold for a price of $3,610,000. The sale took place on 06/30/2020, and the transaction was completed during the pandemic. The property spans across 10,458 square feet, with a price per square foot of $345.19. It comprises a total of 11 units, resulting in a price per unit of $328,181. The transaction was facilitated by Sam Liberow from TheLiberowGroup.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,610,000
- Address: 7654 Fountain Ave
- Market: West Hollywood
- Square Footage: 10,458
- Price Per Square Foot: $345.19
- Number of Units: 11
- Price Per Unit: $328,181
- Date: 06/30/2020
The sale of this multifamily property was successfully negotiated by Sam Liberow from TheLiberowGroup. Despite the challenges posed by the pandemic, the transaction was able to be completed.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.39%
Cash-on-Cash
-1.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93