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

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.