Bolour Associates Acquires Mixed-use Property On Santa Monica Blvd. In Hollywood For $13.7M
SOLD
$13,700,000
California
See Similar DealsMixed-use32,500 SF
Sold 07/15/2022
SOLD
Bolour Associates Acquires Mixed-use Property On Santa Monica Blvd. In Hollywood For $13.7M
6432 Santa Monica Boulevard, Los Angeles, California 90038, United States
See Similar DealsMixed-use32,500 SF
Sold 07/15/2022
Summary
CALIFORNIA
Asset Type:Mixed-use
Price Per Square Foot:$421
Total Square Footage:32,500 SF
Transaction Type:Sale
Bolour Associates has acquired a mixed-use property located at 6432 Santa Monica Blvd. in Hollywood. The transaction, which took place on July 15, 2022, was facilitated by brokers Brandon Michaels, Matthew Luchs, and Andrew Leff from Marcus & Millichap. The property spans 32,500 square feet and was sold for a total of $13,700,000, resulting in a price per square foot of $421.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $13,700,000
- Address: 6432 Santa Monica Blvd.
- Market: Hollywood
Brandon Michaels, Matthew Luchs, and Andrew Leff of Marcus & Millichap represented Bolour Associates in the transaction.
Players
BUYER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$730,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$48,673.20
Cash-on-Cash Return-1.27%
Monthly Debt Service$64,944.99
Annual Debt Service$779,339.87
Is there something missing? Send suggestions