Assistance League Of LA Acquires Hollywood Office Building For $10M
SOLD
$10,000,000
California
See Similar DealsOffice12,960 SF
Sold 12/03/2018
SOLD
Assistance League Of LA Acquires Hollywood Office Building For $10M
6640 West Sunset Boulevard, Los Angeles, CA 90028, USA
See Similar DealsOffice12,960 SF
Sold 12/03/2018
Summary
CALIFORNIA
Asset Type:Office
Price Per Square Foot:$771
Total Square Footage:12,960 SF
Transaction Type:Sale
The Assistance League of LA has acquired an office property located at 6640 W Sunset Blvd in Hollywood. The property, which was sold for $10 million on 12/03/2018, is situated in a prime location in the Hollywood market. The asset type of this property transaction is an office.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $10M
- Address: 6640 W Sunset Blvd
- Market: Hollywood
The buyer in this transaction, the Assistance League of LA, has made a strategic investment by acquiring this office property. The deal was facilitated by Ron Burkhardt of Burkhardt Realty, who served as the representative for the Assistance League of LA.
Players
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)
$533,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$35,527.90
Cash-on-Cash Return-1.27%
Monthly Debt Service$47,405.10
Annual Debt Service$568,861.22
Is there something missing? Send suggestions