Jordan Asheghian And Tony Azzi Acquire Multifamily Property On N. Sweetzer Avenue For $6.175M
1264 North Sweetzer Avenue
MultiFamily
15,921 SF
15,921 SF
Sold 1 year ago
Summary
Located in West Hollywood, the multifamily property at 1264 N. Sweetzer Avenue was recently sold in a closed transaction on March 30, 2021. The sale was facilitated by brokers Jordan Asheghian from Instayord and Tony Azzi from The Azzigroup.
Summary of transaction details
- Property Type: Multifamily
- Sale Price: $6,175,000
- Units: 15
- Price per Unit: $411,000
- Square Footage: 15,921
- Price per Square Foot: $387
- Gross Rent Multiplier (GRM): 17.25x
- Capitalization Rate (CAP): 3.41%
The property consists of 15 units, with a price per unit of $411,000. It spans across 15,921 square feet, with a price per square foot of $387. The property has a Gross Rent Multiplier (GRM) of 17.25x and a Capitalization Rate (CAP) of 3.41%.
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1264 North Sweetzer Avenue
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