6751-6757 Hollywood Blvd - Office FOR SALE


Los Angeles, CA 90028- Hollywood
$17,650,000 USD
323-788-3969
6751-6757 Hollywood Blvd, Los Angeles, CA for Sale
$17,650,000 USD
Office - FOR SALE
1/10
null | Request Cap Rate

6751-6757 Hollywood Blvd
Los Angeles, CA 90028
Hollywood


HIGHLIGHTS

  • ADAPTIVE REUSE OPPORTUNITY
  • STRONG RETAIL INCOME
  • UPPER-FLOOR VIEWS
  • ICONIC WALK OF FAME ADDRESS

OVERVIEW

6751 Hollywood Boulevard is a seven-story, ±68,971 SF mixed-use building at the northwest corner of Hollywood Boulevard and McCadden Place. The property sits on incredible frontage along the iconic Hollywood Walk of Fame. Built in 1922 and prime for adaptive reuse, the property offers stabilized ground-floor retail income and six vacant upper floors with sweeping views of the Hollywood Hills and the City. Like the adjacent buildings in the Hollywood Boulevard Portfolio (also for sale), this historic, multi-story, commercial building blends architectural heritage, a prime location, and significant upside potential, establishing it as a cornerstone asset in one of California’s most visited destinations. The site is directly across the street from Netflix’ stunning renovation of the Eqyptian Theatre, and a block away from Disney’s El Capitan Theatre, TCL Chinese Theatre, Madame Tussaud’s, Ovation Hollywood and the Dolby Theatre (site of the Academy Awards). The ground floor generates $480,976 NOI annually, which provides a strong income base while the upper floors present a compelling repositioning opportunity. The retail income is bolstered by over 100million visitors per year to Hollywood and its location just east of one of the busiest intersections in the

FOR SALE DETAILS

PRICE

$17,650,000 USD

PRICE/SF

$256 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hollywood Plaza

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

9

BUILDING CLASS

B

YEAR BUILT

1922

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

LAC4

APN/PARCEL ID

5547-011-015

ASK ABOUT THIS PROPERTY

323-788-3969

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323-788-3969

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