Michael Bates Acquires Mixed-Use Property In Hollywood For $6.5M

Located at 5201 Hollywood Blvd in the vibrant Hollywood market, a mixed-use property was recently sold for $6,500,000. The property spans across 19,441 square feet, resulting in a price per square foot of $334. The transaction took place on 05/23/2022.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $6,500,000
• Address: 5201 Hollywood Blvd
• Market: Hollywood

The buyer, Michael Bates, acquired the property from the Finfer Family. Representing the buyer were Cole Martens and Cory Stehr from Lee & Associates. On the seller's side, Dan Riley, Austin Wolitarsky, Simon Mattox, Bill Durslag, and Kyle Woods from CBRE facilitated the transaction as the seller's representatives.