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$ 17,650,000
Est. payment /mo
Active
6751 W Hollywood Boulevard Los Angeles, CA 90028
68,971 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 68,971 sqft
Price per Sqft $255
MLS Listing ID CL26856801
HOA Y/N No
Year Built 1922
Lot Size 0.268 Acres
Acres 0.2683
Property Sub-Type Comm Ind For Sale
Property Description
6751 Hollywood Boulevard is a seven-story, +/-68,971 SF mixed-use building at the northwest corner of Hollywood Boulevard and McCadden Place. The property sits on incredible frontage along the iconic Hollywood Walk of Fame. Built in 1922 and prime for adaptive reuse, the property offers stabilized ground-floor retail income and six vacant upper floors with sweeping views of the Hollywood Hills and the City. Like the adjacent buildings in the Hollywood Boulevard Portfolio (also for sale), this historic, multi-story, commercial building blends architectural heritage, a prime location, and significant upside potential, establishing it as a cornerstone asset in one of California's most visited destinations. The site is directly across the street from Netflix' stunning renovation of the Eqyptian Theatre, and a block away from Disney's El Capitan Theatre, TCL Chinese Theatre, Madame Tussaud's, Ovation Hollywood and the Dolby Theatre (site of the Academy Awards). The ground floor generates +/-$480,976 NOI annually, which provides a strong income base while the upper floors present a compelling repositioning opportunity. The retail income is bolstered by over 100 million visitors per year to Hollywood and its location just east of one of the busiest intersections in the county, Hollywood and Highland.
Location
State CA
County Los Angeles
Zoning C2-2D-SN-C
Interior
Interior Features Elevator
Fireplace No
Building
New Construction No
Others
Tax ID 5547011015
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Listed by Kadie Presley • CB Richard Ellis, Inc.