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8812 Rangely Avenue

Brian Haloossim Acquires Multifamily Property At 8812 Rangely Avenue From Amanda Zarabi & Daniel Ghalchi For $2.825M
SOLDMultiFamily

Brian Haloossim Acquires Multifamily Property At 8812 Rangely Avenue From Amanda Zarabi & Daniel Ghalchi For $2.825M

8812 Rangely Avenue

$2,825,000

$651/SF

Building Size

4,334 SF

Asset Type

MultiFamily

Closing

Apr 10, 2025

AI

The asset involved in this transaction is a multifamily property located at 8812 Rangely Avenue in the West Hollywood market. The sale price for this property was $2,825,000, and it comprises 4 units across a total square footage of 4,334. The price per unit is $706,250, while the price per square foot stands at $651.

Summary of transaction details:

Key individuals in this transaction include the buyer, Brian Haloossim, and the sellers, Amanda Zarabi and Daniel Ghalchi. The deal was facilitated by brokers Zac Freehling and Tyler Farrar, representing Pacific Partners Real Estate Investments in the transaction.

Players

Zac Freehling

Pacific Partners Real Estate Investments

Broker

$237.5M

vol

61 deals

Broker

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

5.62%

Cash-on-Cash

-1.60%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93