Updated Nov 24, 2023
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
About this deal
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