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939 Larrabee Street

Updated Sep 22, 2026

Daniel Blaine Acquires Multifamily Property At 939 Larrabee Street For $2,795,000 With Jordan Asheghian As The Broker
SOLDMultiFamily

Daniel Blaine Acquires Multifamily Property At 939 Larrabee Street For $2,795,000 With Jordan Asheghian As The Broker

939 Larrabee Street

$2,795,000

$297/SF

Building Size

9,386 SF

Asset Type

MultiFamily

Closing

Sep 17, 2026

About this deal

AI

The property asset involved in the transaction is a multifamily building located at 939 Larrabee Street in West Hollywood. It features a sale price of $2,795,000, encompassing 10 units across a total square footage of 9,386, which translates to a price per unit of $279,500 and a price per square foot of $297.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,795,000
  • Units: 10
  • Square Footage: 9,386
  • Price Per Unit: $279,500
  • Price Per Square Foot: $297
  • Buyer: Daniel Blaine
  • Seller: Myer Berman
  • Broker: Jordan Asheghian - Lyon Stahl Investment Real Estate
  • Offers: 9
  • Tours: 11
  • Closing Type: 45 Day All Cash Closing
  • Sale Price Percentage of List Price: 97%

This transaction involved Daniel Blaine as the buyer and Myer Berman as the seller. Jordan Asheghian represented the buyer during the deal and is affiliated with Lyon Stahl Investment Real Estate. This sale represents the 64th closing for The Jordan Group within West Hollywood and adjacent areas.

On the Map

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$2,795,000

$297/SF

MultiFamily

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Players

Jordan Asheghian

Lyon Stahl Investment Real Estate

Broker

$269M

vol

61 deals

Broker
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West Hollywood MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $297 per square foot on a published $2.8M for 9,386 square feet (2026).

Visit Jordan Asheghian to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.68%

Cash-on-Cash

-1.62%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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