1617 N Cahuenga Blvd - Retail 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
Retail - 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 including Dream Hotel, Beauty & Essex, and Tao. 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.

FOR SALE DETAILS

PRICE

$8,995,000 USD

PRICE/SF

$600 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1922

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

LAC4-2D-SN

APN/PARCEL ID

5546-007-035

ASK ABOUT THIS PROPERTY

Kellie McCaffreyCompassMore Info
805-259-7465

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

Kellie McCaffreyCompassMore Info
805-259-7465

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