Updated Dec 20, 2023
Taksa Investment Group Acquires West Hollywood Multifamily For $11.98M
8819 Harratt St, West Hollywood, CA 90069, USA
$11,975,000
$485/SF
Building Size
24,673 SF
Asset Type
MultiFamily
Closing
Sep 30, 2020
About this deal
AI
A multifamily property located at 8819 Harratt Street in West Hollywood has been sold for $11,975,000. The property spans across 24,673 square feet, resulting in a price per square foot of $485.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $11,975,000
- Property Size: 24,673 square feet
- Price per Square Foot: $485
- Market: West Hollywood
The transaction was facilitated by Jonathan Taksa from Taksa Investment Group.
The multifamily sale at 8819 Harratt St, West Hollywood, CA 90069, USA in West Hollywood, California sold for $12M in 2020. The building is 24,673 square feet, implying about 485 per square foot on the published price. Jonathan (Jon) Taksa, Taksa Investment Group appear on the sale alongside Taksa Investment Group. This page is the West Hollywood, California file for the 8819 Harratt St, West Hollywood, CA 90069, 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 8819 Harratt St, West Hollywood, CA 90069, USA around 2020. Published consideration for 8819 Harratt St, West Hollywood, CA 90069, USA is $12M, dated 2020. Cite this Taksa Investment Group Acquires West Hollywood Multifamily For $11.98M sale when underwriting similar multifamily product around West Hollywood, California.
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
1.32%
Cash-on-Cash
-0.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93