11
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$17,650,000
Est. payment /mo
0.27 Acres Lot
Active
6751 W Hollywood BLVD Los Angeles, CA 90028
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26856801
HOA Y/N No
Year Built 1922
Lot Size 0.268 Acres
Property Description
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 100 million visitors per year to Hollywood and its location just east of one of the busiest intersections in the county, Hollywood and Highland.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning C2-2D-SN-CPIO
Interior
Fireplace No
Building
Story 7
Others
Tax ID 5547011015
Special Listing Condition Standard
Listed by Kadie Presley CB Richard Ellis, Inc. #01476551
NEARBY SCHOOL & BUSINESS
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