$6.75M
Sale price — record sale
Single Family · Celebrity Row, Hollywood Hills
The Hideaway HH
7932 Woodrow Wilson Dr · Sold · $6.75M · 2021 – 2023
2.54x
Equity multiple
~57%
Deal-level IRR
87.6%
Gross profit on cost
The Investment
The clearest demonstration in the portfolio that speed is a return driver.
Celebrity Row is one of the most recognizable addresses in the Hollywood Hills, and one where buyers pay for finish quality and view framing above almost anything else. The house was structurally sound and architecturally dated — the profile the team targets.
Rather than pursue an expansion, the plan stayed on the remodel pathway: a full studs-out rebuild inside the existing envelope, which avoided the entitlement timeline entirely and moved the project from acquisition to a finished, market-ready home in roughly two years.
The house sold for $6.75M — a record on the street — turning $1.5M of equity into $3.81M returned. At 87.6% gross profit on cost, it is the highest-margin project in the 21-project schedule.
Gallery
The property.
Return On Investment
The numbers.
| Strategy | Total project cost | Disposition / value | Gross profit | Profit on cost |
|---|---|---|---|---|
| Studs-out rebuild | $3.60M | $6.75M | $3.15M | 87.6% |
Equity Performance — Realized
| Equity invested | Total returned | Net profit | Hold | Multiple | IRR |
|---|---|---|---|---|---|
| $1,500,000 | $3,805,728 | $2,305,728 | 24 mo | 2.54x | ~57% |
This project was completed by the principals through Thornton Development Group or an affiliated predecessor entity. It was not an Assemble Capital offering and did not involve Assemble Capital investors. Figures are sponsor-level, pre-tax, unaudited, and derived from internal records, closing statements, and lender documentation. Past performance is not indicative of future results.
Investment Cycle
How the deal ran.
Every project follows the same arc — acquire, design and permit, build, market, exit. What changes is where the time and the risk concentrate.
2021
Acquire
Acquired on Celebrity Row at a basis supported by dated finishes, not location.
2021
Design
Interior-only scope defined to stay inside the existing envelope and skip entitlement.
2021–2023
Build
Studs-out rebuild — full systems, finishes, and view-framing glazing.
2023
Market
Listed into the strongest comparable set on the street.
2023
Exit
Sold at $6.75M in roughly 24 months from acquisition.
The Takeaway
Remodel-pathway speed converted directly into IRR. The same margin over four years would have been a materially worse investment.
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