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8985 Keith Ave
8985 Keith Ave, West Hollywood, CA 90069, USA
$1,845,000
CLOSED
March 4, 2025
SALE PRICE
$1,845,000
UNITS
4
PRICE PER UNIT
$461,250
PRICE PER SF
$806.38
CAP RATE
4.63%
GRM
15.47
Deal Story
Selling Agent
The Tuvia Group closed 8985 Keith Ave, a four-unit property in West Hollywood, at just over $800 per square foot — the highest price per square foot achieved for a 4+ unit building in the area in nearly a year. The transaction was completed amid a challenging market environment where increased inventory and economic uncertainty had buyers seeking significant discounts. Despite those headwinds, the buyer recognized the long-term opportunity and secured 99% LTV financing through a VA loan, allowing the deal to successfully close.


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