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1320 North Harper Avenue

Jonathan Dadourian & David Ghermezian Of Newmark Represent Buyer In $10.8M West Hollywood Multifamily Sale
SOLDMultiFamily

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

Sam Liberow

Marcus & Millichap

Broker

$762.3M

vol

105 deals

Broker
Newmark
NewmarkBrokerage

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