Updated Dec 19, 2023
LAAATeam Acquires West Hollywood Multifamily For $2.5M
9005 Keith Ave, West Hollywood, CA 90069, USA
$2,500,000
$659/SF
Building Size
3,793 SF
Asset Type
MultiFamily
Closing
Jul 13, 2020
About this deal
AI
A multifamily property located at 9005 Keith Ave in West Hollywood has been sold for a price of $2,500,000. The property consists of 4 units, with each unit costing $625,000. The total square footage of the property is approximately 3,792.99, resulting in a price per square foot of $659.11.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,500,000
- Address: 9005 Keith Ave
- Market: West Hollywood
- Units: 4
- Price per Unit: $625,000
The transaction was facilitated by brokers Filip Niculete, Glen Scher, and Jon Adams from the LAAATeam.
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
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93