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8005 Waring Avenue, Los Ang...

Updated Oct 29, 2024

BEH-4 LLC Acquires Multifamily Property In City Of WeHo For $2.2M
SOLDMultiFamily

BEH-4 LLC Acquires Multifamily Property In City Of WeHo For $2.2M

8005 Waring Avenue, Los Angeles, CA, USA

$2,200,000

$339/SF

Building Size

6,478 SF

Asset Type

MultiFamily

Closing

Oct 7, 2019

About this deal

AI

A multifamily property located at 8005 Waring Avenue in the City of WeHo has been sold for $2,200,000. The property features a total square footage of 6,478, with a price per square foot of $339.61. It consists of 6 units, with an average price per unit of $366,666. The sale was facilitated by Sam Liberow from The Liberow Group.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,200,000
  • Address: 8005 Waring Avenue
  • Market: City of WeHo

The buyer of the property was BEH-4 LLC, while the seller was The Gurfinkel Trust. Sam Liberow from The Liberow Group represented the parties involved in the transaction. The property, being on the market for the first time in 47 years, is situated in a prime location in Los Angeles, just outside the City of West Hollywood. It offers convenient amenities such as on-site laundry and parking, and has a walk score of 94, indicating close proximity to Melrose Ave and Santa Monica Blvd.

Players

Sam Liberow

Marcus & Millichap

Broker

$775.3M

vol

108 deals

Broker

Los Angeles MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $339 per square foot on a published $2.2M for 6,478 square feet (2019).

Visit Sam Liberow to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.21%

Cash-on-Cash

-2.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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