1617 N Cahuenga Blvd - Hospitality FOR SALE


Los Angeles, CA 90028- Hollywood
$8,995,000 USD
805-259-7465
1617 N Cahuenga Blvd, Los Angeles, CA for Sale
$8,995,000 USD
Hospitality - FOR SALE
1/23
null | Request Cap Rate

1617 N Cahuenga Blvd
Los Angeles, CA 90028
Hollywood


HIGHLIGHTS

  • Cultural & Commercial Significance: Iconic tenants with strong brand presence
  • Immediate Cash Flow: Fully leased, multi-tenant property
  • Future Development Potential: Flexible zoning in a prime location
  • Proximity to Hollywood/Vine Metro Station, Pantages Theater, Sunset & Gower Studios, Capitol Records, Hollywood Palladium, Hollywood Bowl

OVERVIEW

Hollywood Iconic Mixed-Use Investment Opportunity Situated in close proximity to the Hollywood Boulevard Walk of Fame, this exceptional property is located on one of Hollywood’s most dynamic blocks, surrounded by multi-million-dollar developments and premier destinations. This is a rare development and income-generating opportunity for a discerning investor. Zoning: one of Hollywood’s most desirable and flexible commercial zones, permitting a broad range of retail, hospitality, entertainment, and mixed-use development. Property Highlights: Ground Floor Tenancy: The first floor houses two active businesses — The Hotel Cafe and The Burgundy Room — totaling 8,250 sq ft, including an outdoor patio and alleyway space dedicated for The Hotel Cafe. Historic Cultural Anchors: Home to The Hotel Cafe, a highly influential indie music venue recognized by the Grammys in 2021 as a significant performance space in Los Angeles. Neighborhood Landmarks: The Burgundy Room is one of Hollywood’s longest-standing bars. Hospitality Component: Upstairs, West Inn Hotel operates 21 rooms — 10 with en suite bathrooms, and 11 sharing 2 hall bathrooms — providing established revenue. Immediate Cash Flow with Upside: Fully leased at delivery, this property starts generating income from day one. With leases expiring between December 2025 and February 2026, the new owner has a prime opportunity to renegotiate and maximize rental rates. Strategic Location: In close proximity to the Hollywood/Vine Metro Station, Pantages Theater, Sunset & Gower Studios, Capitol Records, Hollywood Palladium, and Hollywood Bowl. Positioned on a block that blends historic character with contemporary Hollywood energy — a highly visible corridor for entertainment, nightlife, and tourism. Opportunity Summary: This property represents a unique combination of cultural significance and commercial potential, offering both established income streams and future redevelopment possibilities. Ideal for investors, developers, or visionaries seeking a high-profile asset in a globally recognized location. Disclaimer: The information in this description is for general informational purposes only and is deemed reliable but not guaranteed. Prospective buyers should independently verify all material facts, including zoning, square footage, tenancy, and building condition. The seller and its agents make no representations or warranties, express or implied, regarding accuracy, completeness, or future performance. Details in this listing may change, and the property may be sold, modified, or withdrawn at any time without notice.

FOR SALE DETAILS

PRICE

$8,995,000 USD

PRICE/SF

$600 USD /SF

# OF ROOMS

21

PRICE/ROOM

$428,333 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

West Inn Hollywood

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1922

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,543 SF

ZONING

LAC4-2D-SN

APN/PARCEL ID

5546-007-035

ASK ABOUT THIS PROPERTY

Kellie McCaffreyCompassMore Info
805-259-7465

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Kellie McCaffreyCompassMore Info
805-259-7465

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