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Champion Acquires Hollywood Dev Site for 20-Story MF, 136-Room Hotel
West Los Angeles-based WL Yucca Argyle Owner A, LLC, an entity of Champion Real Estate Company, acquired a development site located at Yucca Street and Argyle Avenue near Capitol Records in Hollywood, CA for $17 million. Champion plans to build a mixed-use project on the site and brand it as 6220 Yucca.
The project will include a 20-story apartment building, a 136-room hotel and retail/restaurant space. The site, which currently houses a 40-unit apartment building and a single-family home, is located at 6212-6224 West Yucca Ave., 1756-1760 Argyle Ave. and 1771 Vista Del Mar St. The existing buildings will be demolished with construction slated to begin in 2019 and be completed by 2022.
JLL’s Jason Gribin represented the buyer. Commercial Asset Group’s David Aschkenasy represented the unnamed Burbank-based private family seller.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Development
- ◦Sale/Acquisition




