A rare opportunity to acquire one of Hollywood’s most iconic entertainment landmarks, the Earl Carroll Theatre blends historic grandeur with modern production capabilities. Originally built in 1938 and transformed into a state-of-the-art sound stage in 1997, this 39,063 SF, three-story property sits on 0.73 acres in the heart of Hollywood’s Vinyl District. The building’s rich legacy includes hosting legendary performers such as Ray Charles, Tina Turner, and The Doors, and serving as Nickelodeon’s West Coast live production headquarters. The property features a fully functional sound stage with 35-foot ceiling height, extensive support spaces including dressing rooms, greenrooms, production offices, and wardrobe areas, and a layout that accommodates up to 1,965 standing guests. With 70 on-site parking spaces and C4 zoning, the site is primed for a wide range of entertainment, media, or creative uses. Located within walking distance of Paramount Studios, Netflix, and Sunset Bronson Studios, and surrounded by high-end hotels, restaurants, and cultural venues, the Earl Carroll Theatre offers unmatched visibility and access. The building is designated a Historic-Cultural Monument, with over $1.2M in restoration work completed and an additional $625K planned. This is a legacy asset with architectural distinction and strategic positioning in one of Los Angeles’ most dynamic submarkets.