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1264 North Sweetzer Avenue
SOLD

Jordan Asheghian And Tony Azzi Acquire Multifamily Property On N. Sweetzer Avenue For $6.175M

1264 North Sweetzer Avenue

MultiFamily
15,921 SF
clock iconSold 1 year ago
Tony Azzi
Jordan Asheghian
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Summary

Sale
CALIFORNIA
MultiFamily
15,921 sqft

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%.

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Tony Azzi's profile picture
Tony Azzi
Marcus & Millichap-image
Executive Managing Director Investments
$304.4M Sold
Jordan Asheghian's profile picture

Details

Deal Summary
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SOLD
IMAGE: Jordan Asheghian @Instayord & Tony Azzi DATE: 03/30/2021 ADDRESS: 1264 N. Sweetzer Avenue MARKET: West Hollywood ASSET TYPE: Multifamily BROKERS: Jordan Asheghian @Instayord & Tony Azzi @The_Azzigroup SALE PRICE: $6,175,000 UNITS: 15 ~ PPU: $411,000 SF: 15,921 ~ PPSF: $387 GRM: 17.25x CAP: 3.41%

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Address1264 North Sweetzer Avenue

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