Updated Sep 9, 2024
Mark Michaels Acquires SFR In West Hollywood For $2.75M
8727 Dorrington Avenue, West Hollywood, California 90048, United States
$2,750,000
$1,018/SF
Building Size
2,700 SF
Asset Type
Single Family Residence
Closing
Sep 28, 2022
About this deal
AI
Located in the desirable neighborhood of West Hollywood, California, this single-family residential property at 8727 Dorrington Avenue has recently been sold. The property spans around 2,700 square feet and features a stylish design and modern amenities. The sale of this property was completed on September 29, 2022.
Summary of Transaction Details
- Property Type: SFR
- Sale Price: $2,750,000
- Price Per Square Foot: $1,019
- Market: West Hollywood, CA
The buyer for this property was Mark Michaels, while the seller was Gabe Davis. Facilitating the transaction were brokers Michael Fahimian and Jack Harris of HF Estates. They played an integral role in ensuring a successful deal for both the buyer and the seller.
On the Map
$2,750,000
$1,018/SF
Single Family Residence
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Players
West Hollywood Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1K per square foot on a published $2.8M for 2,700 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.77%
Cash-on-Cash
-1.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93