Dylan Ruga Acquires West Hollywood Office Building On Holloway Dr. For $4.65M
8752 Holloway Drive, West Hollywood, CA
$4,650,000
$1,454/SF
Building Size
3,196 SF
Asset Type
Office
Closing
Jan 19, 2022
AI
Located in West Hollywood, the office property at 8752 Holloway Dr. recently changed hands in a sale transaction. The property spans 3,196 square feet and was sold for $4,650,000, resulting in a price per square foot of $1,454. The deal was finalized on January 19, 2022.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $4,650,000
- Address: 8752 Holloway Dr.
- Market: West Hollywood
- Seller: Gary Dordick
- Buyer: Dylan Ruga
- Seller's Representative: Jonathan Farasat - Maher Commercial Realty & Kyle Dordick - Hilton & Hyland
- Buyer's Representative: Joel Mendoza - CBI Commerical
- Square Footage: 3,196
- Price per Square Foot: $1,454
The sale transaction was facilitated by Jonathan Farasat from Maher Commercial Realty and Kyle Dordick from Hilton & Hyland, representing the seller, Gary Dordick. Joel Mendoza from CBI Commercial served as the buyer's representative, assisting Dylan Ruga throughout the deal.
Players
West Hollywood Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.41%
Cash-on-Cash
-0.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93