facebook
Traded Co logo
Submit
Daily limit: 0/10

Colliers' Kitty Wallace Represents Seller In $16 Million Sale Of 28-Unit Multifamily In Hollywood

Property Image
SOLD
$16,000,000

California

See Similar Deals
MultiFamily
Sold 05/15/2026
the dealplayerscompscontact
Property Image
SOLD

Colliers' Kitty Wallace Represents Seller In $16 Million Sale Of 28-Unit Multifamily In Hollywood

1759 North Gower Street

See Similar Deals
MultiFamily
Sold 05/15/2026
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Transaction Type:Sale

Sophia Hollywood is a 28-unit Class A multifamily property located at 1759 North Gower Street in Hollywood, CA. The property, completed in 2024, was sold for $16 million, equating to approximately $571,429 per unit, signifying the highest price-per-unit multifamily trade in Hollywood in over three years.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $16,000,000
  • Units: 28
  • Price Per Unit: $571,429
  • Address: 1759 North Gower Street
  • Market: Hollywood, CA
  • Broker: Kitty Wallace - Colliers

Kitty Wallace, Vice Chair at Colliers, represented the seller in this transaction, highlighting the involvement of a prominent real estate brokerage in facilitating the deal for this newly built, condo-quality asset.

Players

Kitty Wallace
Colliers
Kitty Wallace
23 deals$759.8M volume
BROKER

Details

SOLD
IMAGE: Kitty Wallace DATE: 05/15/2026 ADDRESS: 1759 North Gower Street MARKET: Hollywood, CA ASSET TYPE: Multifamily BROKER: Kitty Wallace - Colliers (@ColliersInternational) SALE PRICE: $16,000,000 UNITS: 28 ~ PPU: $571,429 NOTE: Sophia Hollywood, a 28-unit Class A multifamily property at 1759 N. Gower St. in Hollywood, sold for $16 million, or roughly $571,400 per unit, marking the highest price-per-unit multifamily trade in Hollywood in more than three years. Colliers Vice Chair Kitty Wallace represented the seller in the transaction involving the 2024-built, condo-quality asset.

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

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
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$853,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$56,844.63
Cash-on-Cash Return-1.27%
Monthly Debt Service$75,848.16
Annual Debt Service$910,177.95