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6500 Selma Avenue

Berkadia Completes Sale Of 70-Key Hotel At 6500 Selma Avenue In Hollywood
SOLDHotel

Berkadia Completes Sale Of 70-Key Hotel At 6500 Selma Avenue In Hollywood

6500 Selma Avenue

Building Size

Asset Type

Hotel

Closing

Apr 17, 2026

AI

The transaction involved a boutique hotel with 70 keys located at 6500 Selma Avenue in Hollywood, Los Angeles. The property is situated in a prime location within the entertainment district, contributing to significant interest from a variety of buyers.

Summary of transaction details:

This transaction was conducted by Berkadia, led by Scott Hall, Aaron Lapping, and Kyle Stevenson from the Hotels & Hospitality and Special Situations teams. The competitive sale process was fueled by strong investor interest from national, regional, and local buyers, highlighting the appeal of the property's amenities.

Players

Scott Hall

Berkadia

Broker

$284M

vol

4 deals

Broker

Los Angeles Hotel Market Snapshot

Boundary boundary · Hotel · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93