Updated Oct 28, 2024
KSM LLC Acquires Multifamily Property In West Hollywood For $2.16M
8757 Dorrington Ave, West Hollywood, CA, USA
$2,160,000
$675/SF
Building Size
3,198 SF
Asset Type
MultiFamily
Closing
May 18, 2021
About this deal
AI
A multifamily property located at 8757 Dorrington Ave in West Hollywood has been sold. The sale transaction took place on May 19, 2021. The property, with a total square footage of 3,198, was sold for a price of $2,160,000. The buyer of this property is KSM LLC, while the seller is Pietater. The transaction was facilitated by broker Donald Paulino.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $2,160,000
- Address: 8757 Dorrington Ave
- Market: West Hollywood
Donald Paulino, representing the seller, played a key role in this transaction. The asking price for this multifamily property was $2,299,000, resulting in a successful sale at $2,160,000, with a price per square foot of $675.
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
7.34%
Cash-on-Cash
-2.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93