Log In/Sign Up
Your email has been sent.
1605 Ivar Ave - Hollywood Youth Arts Center 8,558 SF Sports & Entertainment Building Offered For Sale in Los Angeles, CA 90028
Executive Summary
CBRE is pleased to offer the opportunity to acquire The Ivar Theatre, a prime commercially zoned live performance venue in the heart of Hollywood’s Vinyl District. Situated one block south of the world famous Walk of Fame, The Ivar Theatre represents a buyer with the ability to plant their flag in the entertainment capital of the world.
The subject property consists of a two-story commercial theatre building with mezzanine totaling 8,558 SF on 7,352 SF of land. Highlighted by a 232-seat theatre with stage and mezzanine with projector room, the facility also provides green room, practice space and ancillary support and office space. The property is in close walking distance to iconic venues such as the Pantages Theatre, the Cinerama Dome, The Montalban and The Fonda Theatre as well as high-end lodging such as the W Hotel, Dream Hotel, Hollywood Volume, The Hollywood Grande and Godfrey Hotel.
With flexible commercial zoning and its location within an Opportunity Zone, The Ivar Theatre offers great optionality that is ideal for an owner-user or investor with a variety of potential leasing or redevelopment possibilities in one of Los Angeles’ most dynamic live-work-play neighborhoods.
The subject property consists of a two-story commercial theatre building with mezzanine totaling 8,558 SF on 7,352 SF of land. Highlighted by a 232-seat theatre with stage and mezzanine with projector room, the facility also provides green room, practice space and ancillary support and office space. The property is in close walking distance to iconic venues such as the Pantages Theatre, the Cinerama Dome, The Montalban and The Fonda Theatre as well as high-end lodging such as the W Hotel, Dream Hotel, Hollywood Volume, The Hollywood Grande and Godfrey Hotel.
With flexible commercial zoning and its location within an Opportunity Zone, The Ivar Theatre offers great optionality that is ideal for an owner-user or investor with a variety of potential leasing or redevelopment possibilities in one of Los Angeles’ most dynamic live-work-play neighborhoods.
Property Facts
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Property Type | Sports & Entertainment | Year Built | 1963 |
| Property Subtype | Theater/Concert Hall | Tenancy | Single |
| Building Class | C | Parking Ratio | 1.17/1,000 SF |
| Lot Size | 0.17 AC | Opportunity Zone |
Yes
|
| Building Size | 8,558 SF | ||
| Zoning | C4-4, Los Angeles - Commercial | ||
| Sale Type | Investment or Owner User |
| Property Type | Sports & Entertainment |
| Property Subtype | Theater/Concert Hall |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 8,558 SF |
| No. Stories | 2 |
| Year Built | 1963 |
| Tenancy | Single |
| Parking Ratio | 1.17/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | C4-4, Los Angeles - Commercial |
1 1
Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (72)
Bike Score®
Very Bikeable (78)
Property Taxes
| Parcel Number | 5546-008-018 | Improvements Assessment | $974,114 CAD |
| Land Assessment | $4,317,593 CAD | Total Assessment | $5,291,707 CAD |
Property Taxes
Parcel Number
5546-008-018
Land Assessment
$4,317,593 CAD
Improvements Assessment
$974,114 CAD
Total Assessment
$5,291,707 CAD
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
1605 Ivar Ave - Hollywood Youth Arts Center
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.