738 N Highland Ave - Retail FOR SALE


Los Angeles, CA 90038- Hollywood
$1,890,000 USD
310-598-1131
738 N Highland Ave, Los Angeles, CA for Sale
$1,890,000 USD
Retail - FOR SALE
1/10
null | Request Cap Rate

738 N Highland Ave
Los Angeles, CA 90038
Hollywood


HIGHLIGHTS

  • Positioned directly in the middle of the "Hollywood Media District"
  • Surrounded by high end restaurants, art galleries, and production studios
  • Walkability score- 90 'exceptionally friendly'
  • Great traffic volume
  • Heavily upgraded with bank-level security and high-end retail finishes
  • Allows a new owner to plug and play with high-value inventory

OVERVIEW

738 N Highland Ave represents an exceptional owner-user or investment opportunity in the heart of the highly desirable Hollywood Submarket. Recently reduced in price to $1,999,000, this offering presents a compelling value opportunity with a highly motivated seller seeking a timely transaction. The 1,900 SF building is perfectly positioned for high-value retail concepts and is ideally built out for a cannabis dispensary, with extensive security infrastructure already in place. Situated in the vibrant Hollywood Media District, the property is surrounded by an eclectic mix of acclaimed restaurants, art galleries, creative offices, and production studios. The site benefits from outstanding visibility and exposure, with average daily traffic volumes exceeding 45,000 vehicles along N Highland Avenue. The property's existing improvements include bank-vault-level security features, such as a reinforced security room, anchored heavy-duty safe, surveillance loft, and secured gated access, significantly reducing startup costs for dispensary operators or other security-conscious retailers. In addition to its dispensary-ready configuration, the asset is well-suited for a premium jewelry store, high-end smoke shop, or upscale convenience retailer. The property also provides access to an affluent customer base, with an average household income of $126,734 within a one-mile radius and offers the rare convenience of six on-site surface parking spaces with secured gated entry.

FOR SALE DETAILS

PRICE

$1,890,000 USD

PRICE/SF

$995 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1938

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

LAC2

APN/PARCEL ID

5524-011-021

ASK ABOUT THIS PROPERTY

Caroline TaicherThe Oppenheim GroupMore Info
310-598-1131

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Caroline TaicherThe Oppenheim GroupMore Info
310-598-1131

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