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1000 North Curson Avenue, W...

Updated Oct 29, 2024

Curson 1, LLC Acquires 12-Unit Property On N. Curson Ave. For $3.55M
SOLDOther

Curson 1, LLC Acquires 12-Unit Property On N. Curson Ave. For $3.55M

1000 North Curson Avenue, West Hollywood, CA, USA

$3,550,000

$379/SF

Building Size

9,346 SF

Asset Type

Other

Closing

May 22, 2018

About this deal

AI

The property at 1000 N. Curson Ave. has been sold for $3,550,000 in a transaction that took place on May 23, 2018. The property consists of 12 units and has a cap rate of 3.13% and a GRM of 18.82. The total square footage is 9,346, resulting in a price per square foot of $379.84.

Summary of transaction details

  • Property Type: SALE
  • Transaction Amount: $3,550,000
  • Address: 1000 N. Curson Ave.
  • Units: 12
  • Cap Rate: 3.13%
  • GRM: 18.82
  • Square Footage: 9,346
  • Price Per Square Foot: $379.84

The buyer of the property is Curson 1, LLC, while the seller's identity has been undisclosed. Additional details about the buyer's representative or any other individuals involved in the transaction have not been provided.

Players

West Hollywood Other Market Snapshot

Boundary boundary · Other · Sale transactions

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Deal FAQ

About $379 per square foot on a published $3.6M for 9,346 square feet (2018).

Browse California other sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.47%

Cash-on-Cash

-1.28%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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