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7728 Woodrow Wilson Drive, ...

Stefan Lawrence Acquires Mix-use Property In Hollywood For $7M
SOLDMixed-use

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

Steve Anavim

Conroy Commercial

Broker

$65.3M

vol

12 deals

Broker

Stefan Lawrence

Buyer

$12.2M

vol

2 deals

Buyer

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