For Sale - Partial Owner-User or Investment Opportunity
$5,750,000
4661-4671 Hollywood Boulevard, Los Angeles, CA 90027
4.86
Cap Rate
279,389.6
NOI
Details:
Description:
WESTMAC Commercial Brokerage Company is pleased to present 4661-4671 Hollywood Boulevard, a ±16,315 SF retail and apartment building. The two-story classic traditional style retail, apartment building, boasts old world charm. It is situated on ±13,500 SF of land along the pedestrian-friendly section of Hollywood Blvd, a highly coveted commercial and residential neighborhood in Los Feliz.
4661-4671 Hollywood Boulevard is a commercial retail and apartment building located at Hollywood Blvd just east of Vermont Ave. It sits south of Prospect Avenue and north of Santa Monica Boulevard. The building was built in 1923 and remodeled over the years. The ground floor features four (4) retail spaces with one (1) current vacancy. The second floor is composed of thirteen (13) separate apartments, with five (5) of those being vacant, creating upside for a buyer. The basement has multiple storage rooms.
The building has approximately five (5)-seven (7) parking spaces behind the building. The property’s location offers close proximity to many cultural landmarks. There is also direct access to the Hollywood (101) freeway, and is within walking distance to a popular shopping, dining, and nightlife locale for tourists and locals.
Documents:
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| Offering Memorandum |
Location
Gallery
