Updated Sep 25, 2025
Pasquale Rotella Of Insomniac Acquires Avalon Theatre In Hollywood From Ligny LLC For $15.7M
1735 Vine Street
$15,700,000
$470/SF
Building Size
33,400 SF
Asset Type
Commercial
Closing
Sep 25, 2025
About this deal
AI
A commercial property located at 1735 Vine Street in Hollywood has been sold for $15.7 million. The asset spans a total of 33,400 square feet, with a price per square foot of $470.
Summary of transaction details:
- Property Type: Commercial
- Transaction Amount: $15,700,000
- Buyer: Pasquale Rotella - Insomniac
- Seller: Ligny LLC
- Broker: Jason Lamoreaux - Coldwell Banker Commercial
- Market: Hollywood
- Square Footage: 33,400
- Price Per Square Foot: $470
Pasquale Rotella, representing Insomniac Entertainment, has acquired the Avalon Theatre in Hollywood, marking the first sale of the property in 50 years. Jason Lamoreaux of Coldwell Banker Commercial facilitated the transaction, representing both the buyer and the seller.
On the Map
$15,700,000
$470/SF
Commercial
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Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.01%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93