Stefan Lawrence Acquires Mix-use Property In Hollywood For $7M
7728 Woodrow Wilson Drive, Los Angeles, California 90046, United States
$7,000,000
$1,458/SF
Building Size
4,800 SF
Asset Type
Mixed-use
Closing
May 31, 2022
AI
7728 Woodrow Wilson Drive, a mix-use property located in Hollywood, was recently sold for a price of $7,000,000. The transaction took place on June 1, 2022. The property spans 4,800 square feet, resulting in a price per square foot of $1,458.
Summary of Transaction Details
- Property Type: Mix-use
- Transaction Amount: $7,000,000
- Address: 7728 Woodrow Wilson Drive
- Market: Hollywood
- Buyer: Stefan Lawrence
- Seller: JD Durfee
- Broker: Steve Anavim - Conroy Commercial
Steve Anavim of Conroy Commercial represented both the buyer, Stefan Lawrence, and the seller, JD Durfee, in this transaction. The deal was successfully negotiated, resulting in the sale of the mix-use property at 7728 Woodrow Wilson Drive.
Players
Los Angeles Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.27%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93