6616 Hollywood Boulevard

Los Angeles, CA 90028

$6,999,000

List Price

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1994

calendar_month Built

Property 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.

Listing Information

List Price $6,999,000
Status Active
MLS PW24064515
Type Commercial
Subtype Retail
Year Built 1994
Lot Size 8,400
Structure Size N/A
DOM 199
Courtesy Of Keller Williams Realty
Listing Agent Seung Lee DRE#01971979
Co-Listing Agent Jackie Yoo DRE#01795348

Interior Features

Laundry Information
Location(s) None
Total Bedroom
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Exterior Information

Maps

Listing information courtesy of: Seung Lee, Jackie Yoo, Keller Williams Realty 626-433-3353. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 17th, 2024 at 5:02 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.