6763 Hollywood Blvd - Retail FOR SALE


Los Angeles, CA 90028- Hollywood
$8,500,000 USD
310-550-2575
6763 Hollywood Blvd, Los Angeles, CA for Sale
$8,500,000 USD
Retail - FOR SALE
1/15
null | Request Cap Rate

6763 Hollywood Blvd
Los Angeles, CA 90028
Hollywood


HIGHLIGHTS

  • ICONIC WALK OF FAME ADDRESS
  • STRONG RETAIL INCOME
  • UPPER-FLOOR REPOSITIONING UPSIDE

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 behindGrauman’s Chinese and Egyptian Theatres. In addition to its architectural significance, this was the siteof Hollywood’s first nightclub, Cafe Montmarte – a popular destination for celebrity culture and nightlife. The property sits on incredible frontage on Hollywood Blvd. 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 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 AcademyAwards). 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

C4-4

APN/PARCEL ID

5547-011-001

ASK ABOUT THIS PROPERTY

310-550-2575

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310-550-2575

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