Jonathan Dadourian & David Ghermezian Of Newmark Represent Buyer In $10.8M West Hollywood Multifamily Sale
1320 North Harper Avenue
$10,800,000
$519/SF
Building Size
20,786 SF
Asset Type
MultiFamily
Closing
Sep 29, 2025
AI
The property involved in this transaction is a multifamily asset located at 1320 North Harper Avenue in West Hollywood, comprising 14 units with a total square footage of 20,786. The sale price was recorded at $10,800,000, resulting in a price per unit of $771,429 and a price per square foot of $520.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $10,800,000
- Units: 14
- Square Footage: 20,786
- Price per Unit: $771,429
- Price per Square Foot: $520
- Buyer's Representative: Jonathan Dadourian & David Ghermezian - Newmark
- Seller's Representative: Sam Liberow - The Liberow Group - Marcus & Millichap
The deal highlighted key representatives including Jonathan Dadourian and David Ghermezian, representing the buyer through Newmark, while the seller was represented by Sam Liberow from The Liberow Group under Marcus & Millichap, demonstrating the involvement of established firms in completing this transaction.
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
1.47%
Cash-on-Cash
-0.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93