Steve Ungar Sells West Hollywood Office For Two Million Seven Hundred Seventy Five Thousand Dollars
SOLD
$2,775,000
+ 1
California
See Similar DealsOffice4,132 SF
Sold 01/20/2022
SOLD
Steve Ungar Sells West Hollywood Office For Two Million Seven Hundred Seventy Five Thousand Dollars
7065 Lexington Avenue, West Hollywood, California 90038, United States
See Similar DealsOffice4,132 SF
Sold 01/20/2022
+ 1
Summary
CALIFORNIA
Asset Type:Office
Price Per Square Foot:$671
Total Square Footage:4,132 SF
Transaction Type:Sale
An office asset located at 7065 Lexington Avenue in West Hollywood sold for $2,775,000. The 4,132-square-foot property was transacted in the West Hollywood market, with a price per square foot of $671.
Summary of transation details:
- Property Type: Office
- Transaction Amount: $2,775,000
- Address: 7065 Lexington Avenue
- Market: West Hollywood
- Asset Type: Office
- Seller: Steve Ungar
- Seller’s Rep: Jay Martinez - Hudson Partners; Elizabeth Clark - Compass Commercial; Sayeh Foroutan - Hudson Partners; Connor MacLeod - Compass Commercial
- Sale Price: $2,775,000
- SF: 4,132
- PPSF: $671
- Date: 01/20/2022
The deal's key participants included the seller and two brokerage teams, with collaboration across firms to facilitate the disposition.
Players
BROKERAGE
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$148,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,858.98
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,154.92
Annual Debt Service$157,858.99
Is there something missing? Send suggestions