AFS Capital Group & YFY Properties Acquire Multifamily Property In West Hollywood For $3M

Located at 924 N. Curson Ave. in West Hollywood, this multifamily property was recently sold. The sale was facilitated by the seller's representative, Michael Salerno of Lee & Associates, and the buyer's representative, Sasha Rahban of SaraVita Properties Inc. The property was purchased by AFS Capital Group & YFY Properties, represented by Yosi Yahdoui & Sean Samadi, from the seller, 924 Curson Ave., represented by Theodore Schneider.

Summary of transaction details:

• Property Type: Multifamily
• Sale Price: $3,000,000
• Date: 03/14/2022
• Units: 9
• Price per Unit (PPU): $333,333
• Square Footage (SF): 6,533
• Price per Square Foot (PPSF): $459
• Market: West Hollywood

The sale of this property marks a significant transaction in the West Hollywood area. The buyer, AFS Capital Group & YFY Properties, recognized the value of this multifamily asset and decided to invest $3,000,000 in acquiring it. The property consists of 9 units, with a price per unit of $333,333. It spans across a total area of 6,533 square feet, resulting in a price per square foot of $459. This deal was successfully closed on 03/14/2022, indicating a thriving market in West Hollywood.