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7950 Fountain Avenue

Amar Sidhu Acquires Retail Property In West Hollywood From Samaha Family For $4.8M
SOLDRetail

Amar Sidhu Acquires Retail Property In West Hollywood From Samaha Family For $4.8M

7950 Fountain Avenue

$4,775,000

$767/SF

Building Size

6,222 SF

Asset Type

Retail

Closing

Mar 2, 2023

AI

The retail property located at 7950 Fountain Avenue in West Hollywood has been sold in a transaction for $4,775,000. The property spans across 6,222 square feet, resulting in a price per square foot of $767.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $4,775,000
  • Square Footage: 6,222
  • Price per Square Foot: $767
  • Address: 7950 Fountain Avenue, West Hollywood

The buyer of the property is Amar Sidhu, while the seller is the Samaha Family. The deal was facilitated by Leslie Haro from CityStreet Commercial representing both the buyer and the seller.

Players

Market Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.32%

Cash-on-Cash

-0.95%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93