Updated Aug 12, 2025
Steve Ungar Sells West Hollywood Office For Two Million Seven Hundred Seventy Five Thousand Dollars
7065 Lexington Avenue, West Hollywood, California 90038, United States
$2,775,000
$671/SF
Building Size
4,132 SF
Asset Type
Office
Closing
Jan 19, 2022
About this deal
AI
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.
On the Map
$2,775,000
$671/SF
Office
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Players
West Hollywood Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.72%
Cash-on-Cash
-1.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93