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Dr. Stanley A. Sirott Acquires Multifamily Property On Palm Ave, West Hollywood For $7.25M

Property Image
SOLD
$7,250,000
David Leibowitz
TA

California

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MultiFamily17,089 SF
Sold 02/18/2021
the dealplayerscompscontact
Property Image
SOLD

Dr. Stanley A. Sirott Acquires Multifamily Property On Palm Ave, West Hollywood For $7.25M

842 Palm Ave, West Hollywood, CA, USA

See Similar Deals
MultiFamily17,089 SF
Sold 02/18/2021
David Leibowitz
TA
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$424
Total Square Footage:17,089 SF
Transaction Type:Sale

The multifamily property located at 842 Palm Ave in West Hollywood has been sold in a recent transaction. The property consists of 22 units spanning across 17,089 square feet. The sale price for this transaction was $7,250,000, resulting in a per unit price of approximately $329,545. The price per square foot for the property is approximately $424.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $7,250,000
  • Address: 842 Palm Ave, West Hollywood
  • Market: West Hollywood

The buyer for this transaction is Dr. Stanley A. Sirott, while the seller is The Terrance R. Anderson Living Trust. The deal was facilitated by David Leibowitz, a representative from David Leibowitz agency.

Players

David Leibowitz
IREA
David Leibowitz
15 deals$111.7M volume
BROKER
TA
Terrance Anderson
3 deals$13.9M volume
SELLER

Details

SOLD
IMAGE: David Leibowitz DATE: 02/18/2021 ADDRESS: 842 Palm Ave MARKET: West Hollywood ASSET TYPE: Multifamily BUYER: Dr. Stanley A. Sirott SELLER: The Terrance R. Anderson Living Trust BROKER: David Leibowitz @DavidLeibowitz SALE PRICE: $7,250,000 UNITS: 22 ~ PPU: $329,545 SF: 17,089 ~ PPSF: $424

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