310-550-2500
1605 Ivar Ave, Los Angeles, CA for Sale
Sports and Entertainment - FOR SALE
1/4
null | Request Cap Rate

NEW


1605 Ivar Ave
Los Angeles, CA 90028
Hollywood


OVERVIEW

CBRE is pleased to offer the opportunity to acquire The Ivar Theatre, a prime commercially zoned live performance venue in the heart of Hollywood’s Vinyl District. Situated one block south of the world famous Walk of Fame, The Ivar Theatre represents a buyer with the ability to plant their flag in the entertainment capital of the world. The subject property consists of a two-story commercial theatre building with mezzanine totaling 8,558 SF on 7,352 SF of land. Highlighted by a 232-seat theatre with stage and mezzanine with projector room, the facility also provides green room, practice space and ancillary support and office space. The property is in close walking distance to iconic venues such as the Pantages Theatre, the Cinerama Dome, The Montalban and The Fonda Theatre as well as high-end lodging such as the W Hotel, Dream Hotel, Hollywood Volume, The Hollywood Grande and Godfrey Hotel. With flexible commercial zoning and its location within an Opportunity Zone, The Ivar Theatre offers great optionality that is ideal for an owner-user or investor with a variety of potential leasing or redevelopment possibilities in one of Los Angeles’ most dynamic live-work-play neighborhoods.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Hollywood Youth Arts Center

PROPERTY TYPE

Sports and Entertainment

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,350 SF

ZONING

C4-4, Los Angeles

APN/PARCEL ID

5546-008-018

ASK ABOUT THIS PROPERTY

Robert WallerCBRE, Inc.More Info
310-550-2500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Robert WallerCBRE, Inc.More Info
310-550-2500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.