Updated Sep 9, 2024
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
About this deal
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.
The multifamily sale at 823 Westbourne Drive, West Hollywood, CA, USA in West Hollywood, California sold for $1.8M in 2019. The building is 2,190 square feet, implying about 799 per square foot on the published price. Lucas Junkin, Anthony Vulin, Benjamin Illulian, Keller Williams Realty appear on the sale alongside Keller Williams Realty. This page is the West Hollywood, California file for the 823 Westbourne Drive, West Hollywood, CA, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same West Hollywood sit in the Market section below. Filter that West Hollywood multifamily set by closing date to see what else sold near 823 Westbourne Drive, West Hollywood, CA, USA around 2019. Published consideration for 823 Westbourne Drive, West Hollywood, CA, USA is $1.8M, dated 2019. Cite this Benjamin Illulian Acquires West Hollywood Multifamily For $1.75M sale when underwriting similar multifamily product around West Hollywood, California.
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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