SOLDMultiFamily
Benjamin Illulian Acquires West Hollywood Multifamily For $1.75M
823 Westbourne Drive, West Hollywood, CA, USA
$1,750,000
$799/SF
Building Size
2,190 SF
Asset Type
MultiFamily
Closing
May 6, 2019
AI
A multifamily property located at 823 Westbourne Dr in the West Hollywood market has been sold for $1,750,000. The property spans 2,190 square feet, resulting in a price per square foot of $799.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,750,000
- Address: 823 Westbourne Dr
- Market: West Hollywood
The sale was facilitated by Benjamin Illulian, Lucas Junkin, and Anthony Vulin of Illulian Realty.
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
9.06%
Cash-on-Cash
-2.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93