Updated Sep 9, 2024
Lucca Canter Acquires West Hollywood Multifamily For $3.85M
8301 W 3rd St Los Angeles, CA 90048, USA
$3,850,000
$937/SF
Building Size
4,106 SF
Asset Type
MultiFamily
Closing
May 26, 2023
About this deal
AI
The multifamily property located at 8301 West Third Street in West Hollywood has been sold in a recent transaction. The property consists of 2 units with a total square footage of 4,106. The sale price for this transaction was $3,850,000, resulting in a price per unit of $1,925,000. The price per square foot for this property is $938.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,850,000
- Address: 8301 West Third Street, West Hollywood
- Market: West Hollywood
- Buyer: Lucca Canter
- Seller: Bruce Kalish & Leasure Carol
- Broker: Arian Zerehi - Commercial Brokers International
- Units: 2
- Price per Unit: $1,925,000
- Square Footage: 4,106
- Price per Square Foot: $938
Arian Zerehi from Commercial Brokers International represented Lucca Canter as the buyer in this transaction.
On the Map
$3,850,000
$937/SF
MultiFamily
View full map
Los Angeles MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Arian Zerehi to view all their deals.
Browse California multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.12%
Cash-on-Cash
-1.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93