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6646 Hollywood Boulevard - The Cherokee Building, Hollywood, CA

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6646 Hollywood Boulevard - The Cherokee Building

Hollywood, CA 90028-6295 - Hollywood/Silver Lake Submarket


Property Type:Retail Sub Type:Storefront Retail/Office Status:Existing Year Built:1927
Building Size:31,740 SF Land Area:.4 AC (17,224 SF)
For Sale Price:$21,759,000 Price/SF:$685.54
Cap Rate:-
Features:Signage


Subject property at 6646 Hollywood Blvd, Hollywood California is also known as The Cherokee Building. The Cherokee Building has been a Hollywood landmark since its original construction in 1927 and is famous for being one of Hollywood' s first major retail buildings with an interior motor court. The property is located in the heart of Hollywood, 3 blocks from the corner of Hollywood Blvd. and Highland Ave. and 4 blocks from Vine St. With over 120 feet of Hollywood Blvd frontage, The Cherokee Building offers an investor a rare opportunity to acquire an irreplaceable asset.

The Cherokee Building is an approximately 30,000 square foot retail/office building situated on over 17,000 square feet of land on the south east corner of Hollywood Blvd and Cherokee Ave. There is over $5 Billion in current and near-term development projects within 3 miles of The Cherokee Building.

Sale Notes:
Premier Building on Hollywood Blvd.
The Cherokee Building has been a Hollywood landmark since its original construction in 1927. Located 3 blocks east of Hollywood Blvd. and Highland Ave. and 4 blocks west of Vine St., puts it dead center in the heart of Hollywood's redevelopment district. The Cherokee Building offers an investor a rare opportunity to acquire an irreplaceable asset comprised of approximately 30,000 square feet ( including mezzanines) which rents to businesses such as: retail, office, and world famous Boardners Restaurant/Nightclub. Situated on over 17,000 square feet of land on the south east corner of Hollywood Blvd and Cherokee Ave. The Cherokee Building presents an opportunity for a qualified investor to purchase a trophy property with significant rental upside and extraordinary future development, redevelopment and appreciation. Previously designated historical, with re-development limitations. Re-develop up to 40 feet in height, to buyers own design potential, without historic limitations. The Cherokee buildingis ready for a creative and insightful investor to take it to its limits. Buyer to verify all information.
* Located in the heart of Hollywood 3 blocks east of Highland Ave. and west of Vine St.

* On a signaled corner in the core of Hollywood Boulevard' s booming tourist market, surrounded by office buildings, high end restaurants, retail, night clubs, and new residential developments.

* One of Hollywood' s most highly traveled thoroughfares averaging almost 18,000 cars per hour!

* The Cherokee Building not only benefits from the incredible exposure and visibility Hollywood Blvd offers, but also the fantastic walking traffic generated by over 10 million visitors who come to Hollywood every year.

* Near Gene Autry' s and James Caan' s stars along the famous Hollywood Boulevard Walk of Fame.

* Stop number 34 on Hollywood' s walking tour.



Keller Williams Palos Verdes Realty
George Takis
(310) 544-7548




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