1612-1616 N Cahuenga Blvd 7,200 SF Vacant Retail Building Hollywood, CA 90028 $9,298,800 CAD ($1,291.50 CAD/SF)

Alex Reyhan and Daniel Hirth of The Hirth Group are pleased to present the opportunity to acquire 1612–1616 N Cahuenga Boulevard, a ±7,200-square-foot commercial property strategically located in the heart of Hollywood, California. Situated along the highly trafficked Cahuenga Boulevard corridor, the property offers a compelling combination of owner-user functionality, in-place income and value-add lease-up potential within one of Los Angeles' most recognizable commercial districts.
The property consists of three commercial units totaling approximately 7,200 square feet on an approximately 7,200-square-foot lot. Unit 1616, comprising approximately 1,314 square feet, is occupied by a smoke shop under a newly executed lease at $7,100 per month gross. The remaining approximately 5,886 square feet is currently vacant, providing an incoming purchaser with significant flexibility to occupy, lease or reposition the available space.
Unit 1612 consists of approximately 3,609 square feet and was previously operated as a restaurant, bar and lounge. The premises include existing restaurant and kitchen infrastructure, bar improvements, high ceilings and access to a rear patio. Prior leasing materials identify a CUB for restaurant use with full alcohol service, with the operator responsible for obtaining its own ABC license. Prospective purchasers should independently verify all permits, entitlements and licensing.
Unit 1614 consists of approximately 2,277 square feet of vacant retail/showroom space and may be occupied in conjunction with Unit 1612 or leased independently.
The property's current configuration creates multiple acquisition strategies. An owner-user may occupy Unit 1612, representing approximately 50% of the building, while maintaining the existing income from Unit 1616 and potentially leasing Unit 1614. Alternatively, a purchaser may occupy both vacant units, totaling approximately 5,886 square feet, while retaining the existing tenant. For qualified owner-users, the property may also provide access to SBA financing programs with potentially as little as 10% equity, subject to SBA eligibility, lender underwriting and applicable occupancy requirements.
The combination of immediate occupancy, existing rental income, flexible unit configurations and a highly visible Hollywood location positions 1612–1616 N Cahuenga Boulevard as a differentiated acquisition opportunity for both owner-users and value-add investors.
1612–1616 N Cahuenga Boulevard is centrally positioned within the Hollywood Vinyl District and greater Hollywood commercial market, one of Los Angeles' most established entertainment and hospitality destinations.
The property is located along N Cahuenga Boulevard, immediately south of Hollywood Boulevard and across from the Dream Hotel. The surrounding area is characterized by a dense concentration of restaurants, hotels, entertainment venues, nightlife establishments, residential developments and creative businesses.
The property benefits from proximity to the Hollywood Walk of Fame, Capitol Records, Hollywood Boulevard and the Hollywood Farmers' Market, as well as numerous hospitality and entertainment destinations.
Prior marketing materials report approximately 27,294 vehicles per day along N Cahuenga Boulevard, with a population of approximately 62,590 within one mile, 360,623 within three miles and 938,559 within five miles. Reported daytime population exceeds 1 million people within five miles, reflecting the significant employment, tourism and commercial activity surrounding the property.
The property's central Hollywood location, high-visibility frontage and flexible physical configuration provide a compelling basis for both long-term owner occupancy and future investment repositioning.