Updated Oct 29, 2024
West Hollywood Package Deal Sells For $4.4M On Santa Monica Blvd
7990 Santa Monica Blvd, West Hollywood, CA, USA
$4,435,000
$669/SF
Building Size
6,622 SF
Asset Type
Other
Closing
Dec 22, 2020
About this deal
AI
The package deal at 7990 & 7998 Santa Monica Blvd in West Hollywood has been sold for $4,435,000. The property consists of two buildings with a total square footage of 6,622. The price per square foot comes to $669. The transaction took place on 12/23/2020, and the property was delivered vacant.
Summary of transaction details
- Property Type: Package Deal
- Transaction Amount: $4,435,000
- Square Footage: 6,622
- Price per Square Foot: $669
- Transaction Date: 12/23/2020
- Address: 7990 & 7998 Santa Monica Blvd, West Hollywood
T.C. Macker, William Althouse, and Jennifer Moscoso from WESTMAC Commercial Brokerage Company represented the sellers, 7990 SM & Feldberg Family Partnership, in the deal.
On the Map
$4,435,000
$669/SF
Other
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Players
West Hollywood Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.58%
Cash-on-Cash
-1.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93