SOLD
Gérard Romanet Sells Multifamily Property In West Hollywood For $2.4M
1200 North Curson Avenue
MultiFamily
7,222 SF
7,222 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
MultiFamily
7,222 sqft
A multifamily property located at 1200 N. Curson Avenue in West Hollywood was recently sold for $2,400,000. The property spans across 7,222 square feet, resulting in a price per square foot of $332. The Gross Rent Multiplier (GRM) for this transaction is 17 times, and the Capitalization Rate (CAP) is 3.25%. The seller of the property was Gerard Romanet.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,400,000
- Square Footage: 7,222
- Price per Square Foot: $332
- Gross Rent Multiplier (GRM): 17x
- Capitalization Rate (CAP): 3.25%
Jordan Asheghian from Instayord and Tony Azzi from The Azzi Group acted as the brokers in this sale.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Tony Azzi & Jordan Asheghian
DATE: 12/03/2020
ADDRESS: 1200 N. Curson Avenue
MARKET: West Hollywood
ASSET TYPE: Multifamily
SELLER: Gerard Romanet
BROKERS: Jordan Asheghian @Instayord & Tony Azzi @The_AzziGroup
PRICE: $2,400,000
SF: 7,222 ~ PPSF: $332
GRM: 17x
CAP: 3.25%View on map
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Address1200 North Curson Avenue
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