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904 North Gardner Street, W...

Updated Sep 9, 2024

Jared Levine And Hirsh Sherman Acquire Multi Family Property In West Hollywood For $2.1M
SOLDMultiFamily

Jared Levine And Hirsh Sherman Acquire Multi Family Property In West Hollywood For $2.1M

904 North Gardner Street, West Hollywood, CA, USA

$2,095,000

$398/SF

Building Size

5,262 SF

Asset Type

MultiFamily

Closing

Sep 16, 2018

About this deal

AI

A multi-family property located at 904 Gardner Ave in West Hollywood was recently sold for a price of $2,095,000. The property spans over 5,262 square feet, resulting in a price per square foot of $398.13.

Summary of transaction details:

  • Property Type: Multi Family
  • Transaction Amount: $2,095,000
  • Address: 904 Gardner Ave
  • Market: West Hollywood
  • Square Footage: 5,262
  • Price per Square Foot: $398.13

Jared Levine and Hirsh Sherman of JML Real Estate Group represented the parties involved in the transaction.

The multifamily sale at 904 North Gardner Street, West Hollywood, CA, USA in West Hollywood, California sold for $2.1M in 2018. The building is 5,262 square feet, implying about 398 per square foot on the published price. Jared Levine, Hirsch Sherman, Keller Williams Realty appear on the sale alongside Keller Williams Realty. This page is the West Hollywood, California file for the 904 North Gardner Street, West Hollywood, CA, 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 904 North Gardner Street, West Hollywood, CA, USA around 2018. Published consideration for 904 North Gardner Street, West Hollywood, CA, USA is $2.1M, dated 2018. Cite this Jared Levine And Hirsh Sherman Acquire Multi Family Property In West Hollywood For $2.1M sale when underwriting similar multifamily product around West Hollywood, California.

Players

Jared Levine

Broker

$100.5M

vol

22 deals

Broker

West Hollywood MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $398 per square foot on a published $2.1M for 5,262 square feet (2018).

Visit Jared Levine to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.57%

Cash-on-Cash

-2.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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