Updated Sep 22, 2026
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.
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
5.68%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93