617 N Sweetzer Ave | West Hollywood, CA 90048

SALE PRICE: $2,950,000

PRICE/UNIT: $421K     PRICE/SF: $380   GRM: 16.38    CAP RATE: 3.9%             

TRANSACTION HIGHLIGHTS

• PRIME West Hollywood Location Just South of Melrose

• EXCELLENT UNIT MIX consisting of (1) Studio, (2) 1 Bed + 1 Bath, and (4) 2 Bed + 2 Bath Units

• FEATURES 9 Individual Parking spaces

• LARGE FLOOR PLAN with average unit size over 900 SF

• EARTHQUAKE Seismic Retrofit Completed

• STRONG in peace rents with approximately 15% of upside

• MICHAEL MONEMPOUR represented buyer in the transaction - property sold all cash with a non contingent offer and only a 15 day close