6616 Hollywood Boulevard, Los Angeles

$6,999,000

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0.19

Acres

About 6616 Hollywood Boulevard

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.

Features of 6616 Hollywood Boulevard

MLS® # PW24064515
Price $6,999,000
Bathrooms 0.00
Acres 0.19
Year Built 1994
Type Commercial Sale
Sub-Type Retail
Status Active

Community Information

Address 6616 Hollywood Boulevard
Area C20 - Hollywood
City Los Angeles
County Los Angeles
Zip Code 90028

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Forced Air
Has Basement No
Fireplace No
# of Stories 1

Exterior

Lot Description Walkstreet

Additional Information

Date Listed April 1st, 2024
Days on Market 54
Zoning LAC4
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentSeung Lee
OfficeKeller Williams Realty

Listing Map

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