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:
- Property Type: Hotel
- Transaction Amount: Not specified
- Address: 6500 Selma Avenue
- Market: Los Angeles
- Asset Type: Hotel
- Keys: 70
- Brokers: Scott Hall, Aaron Lapping & Kyle Stevenson - Berkadia
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
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