6616 Hollywood Boulevard, Los Angeles, CA 90028

  • $6,999,000
  • $855
6616 Hollywood Boulevard, Los Angeles, CA 90028
  • Commercial Sale
  • Property Type
  • 1994
  • Year Built
For Sale
6616 Hollywood Boulevard, Los Angeles, CA 90028
  • $6,999,000
  • $855

Overview

Property ID: SGR-28153021
  • Commercial Sale
  • Property Type
  • 1994
  • Year Built

Description

Unique storefront multi-tenant retail investment opportunity located in the heart of the iconic tourist mecca of Hollywood Blvd and the Hollywood Walk of Stars. The property has a long stable history of occupancy and consist of four retail units of approximately 2,000 square feet of leasable area each. Walk of fame stars immediately in front of the property include: Fats Domino, Eva Gabor and Al Jolsen.
Situated on the south side of Hollywood Blvd between Highland Ave. and Cahuenga Blvd. the location attracts significant foot and drive by traffic visibility and signage.Traffic counts on Hollywood Blvd. are in excess of 26,000 cars per year. It is unique that the property is supported by an underground parking structure with direct suite access and accommodating eight vehicles on site.Additional paid parking is also available on the street and the adjacent parking lot.
The site is also located nearly adjacent to the significant Hollywood Blvd redevelopment revitalization project with expected approval in May of 2024. This two-site project located at 1610-1638 Las Palmas Ave., 6626 W. Hollywood Blvd. 1623-1645 and 1638-1644 N Cherokee Ave. will add significant new retail, office, dinning space and over 600 residential units.

  • Address 6616 Hollywood Boulevard
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90028
  • Area C20 - Hollywood
  • Country United States

Details

Updated on April 4, 2024 at 3:51 pm
  • Property ID: SGR-28153021
  • Price: $6,999,000
  • Land Area: 8400.00 m²
  • Year Built: 1994
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • Living Area: 8190.00
  • MLS#: PW24064515
  • Office Name: KELLER WILLIAMS REALTY
  • Agent Name: Seung Lee
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Co-Office Name: Keller Williams Realty
  • Co-Agent Name: Jackie Yoo
  • Agent State License: 01971979
  • Co-Agent State License: 01795348
  • IDX Contact Info: 626-433-3353

Additional details

  • Heating: Forced Air
  • County: Los Angeles
  • Property SubType: Retail
  • Water Source: Public

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