6757 Hollywood Blvd - Retail FOR SALE


Los Angeles, CA 90028- Hollywood
$8,500,000 USD
310-550-2575
6757 Hollywood Blvd, Los Angeles, CA for Sale
$8,500,000 USD
Retail - FOR SALE
1/15
null | Request Cap Rate

6757 Hollywood Blvd
Los Angeles, CA 90028
Hollywood


HIGHLIGHTS

  • ICONIC WALK OF FAME ADDRESS – one block east of Hollywood & Highland
  • STRONG RETAIL INCOME – existing annual NOI of ±$303,986
  • UPPER-FLOOR REPOSITIONING UPSIDE – potential for F&B, live entertainment, experiential uses, etc.
  • PRICE PER BUILDING SQUARE FOOT: $256

OVERVIEW

CBRE, as exclusive advisor, is pleased to present 6757 Hollywood Boulevard, an unparalleled investment opportunity on the iconic Hollywood Walk of Fame. 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. 6757 Hollywood Boulevard is a ±33,256 SF building designed in 1922 by Meyer & Holler, the firm behind Grauman’s Chinese and Egyptian Theatres. In addition to its architectural significance, this was the site of Hollywood’s first nightclub, Cafe Montmarte – a popular destination for celebrity culture and nightlife. The property sits on incredible frontage on Hollywood Boulevard directly east of one of the busiest intersections in the country, Hollywood and Highland. The site is directly across the street from Netflix’s stunning renovation of the Egyptian 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 existing annual NOI of $303,986 provides a stable income base generated from the ground floor tenants, while the vacant mezzanine and second floor present a compelling repositioning opportunity for generations to come.

FOR SALE DETAILS

PRICE

$8,500,000 USD

PRICE/SF

$256 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1929

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

C2-2D-SN-CPIO

APN/PARCEL ID

5547-011-016,5547-011-026

ASK ABOUT THIS PROPERTY

310-550-2575

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310-550-2575

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