6616 Hollywood Boulevard Los Angeles, CA $ 6,999,000
6616 Hollywood Boulevard
$ 6,999,000
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6616 Hollywood Boulevard

Los Angeles, CA, 90028
$ 6,999,000
Baths0.0 Sq 8,190

Monthly Estimate*

$ 48,890

Listed by Keller Williams Realty
6616 Hollywood Boulevard, Los Angeles, CA 90028 - Image 1
6616 Hollywood Boulevard, Los Angeles, CA 90028 - Image 2
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6616 Hollywood Boulevard, Los Angeles, CA 90028 - Image 4
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6616 Hollywood Boulevard, Los Angeles, CA 90028 - Image 8
6616 Hollywood Boulevard, Los Angeles, CA 90028 - Image 9
6616 Hollywood Boulevard, Los Angeles, CA 90028 - Image 10
6616 Hollywood Boulevard, Los Angeles, CA 90028 - Image 11
Studio

Commercial Property for sale in Los Angeles, CA

for $6,999,000. This 8,190 square foot building was built in 1994 on a lot size of 0.1928.

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.

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Commercial Active

Price

$ 6,999,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Retail

Lot Size

0.1928

Year Built

1994

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

PW24064515

Days on Market

45

Features
General
Heating ForcedAir
Zoning LAC4
Year Built 1994
Property SubType Retail
County Los Angeles
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions Highland Ave & Hollywood Blvd
City Los Angeles
View Y/N N
Senior Community Y/N N
MLS Area C20 - Hollywood
Lot Size Square Feet 8400.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 4
Street Name Hollywood
Listing Terms Cash CashtoNewLoan
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 0
Building Area Units SquareFeet
Standard Status Active
Occupancy Description Tenant
Property Sub Type Additional Retail
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Exterior
Lot Features Walkstreet
Water Source Public
Lot Size Area 8400.0
Number of Buildings 1
Spa N
Building Area Total 8190.0
Lot Size Acres 0.1928
Lot Size Units SquareFeet
Lot Size Source Estimated
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Boulevard
Laundry Features None
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 6616
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* Excluded Features
List By
Keller Williams Realty

Broker

(626) 433-3353

Phone

Affordability Calculator

$48,890
Per Month
100%
0%
0%
Monthly Principal & Interest
$48,890
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/2/2024$6,999,000 Listed Price

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6616 Hollywood Boulevard, Los Angeles, CA, 90028 is a Commercial Property for sale at $6,999,000 with 8,190 sqft and a lot size of 0.1928. 6616 Hollywood Boulevard is a studio with 0.0 baths and was built in 1994. The property's zip code is 90028 which is in Los Angeles, CA