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Hollywood Plaza 6751 Hollywood Blvd 68,971 SF Office Building Los Angeles, CA 90028 $24,728,532 CAD ($358.54 CAD/SF)
Investment Highlights
- Adaptive Reuse Opportunity – upper floors are vacant
- Upper-Floor Views – 7-story corner building
- Priced at $256 per building square foot
- Strong Retail Income – $480,976 NOI annually
- Iconic Walk of Fame – one block east of Hollywood & Highland
Executive Summary
6751 Hollywood Boulevard is a seven-story, ±68,971 SF mixed-use building at the northwest corner of Hollywood Boulevard and McCadden Place. The property sits on incredible frontage along the iconic Hollywood Walk of Fame. Built in 1922 and prime for adaptive reuse, the property offers stabilized ground-floor retail income and six vacant upper floors with sweeping views of the Hollywood Hills and the City.
Like the adjacent buildings in the Hollywood Boulevard Portfolio (also for sale), this historic, multi-story, commercial building blends architectural heritage, a prime location, and significant upside potential, establishing it as a cornerstone asset in one of California’s most visited destinations. The site is directly across the street from Netflix’ stunning renovation of the Eqyptian Theatre, and a block away from Disney’s El Capitan Theatre, TCL Chinese Theatre, Madame Tussaud’s, Ovation Hollywood and the Dolby Theatre (site of the Academy Awards).
The ground floor generates $480,976 NOI annually, which provides a strong income base while the upper floors present a compelling repositioning opportunity. The retail income is bolstered by over 100million visitors per year to Hollywood and its location just east of one of the busiest intersections in the
Like the adjacent buildings in the Hollywood Boulevard Portfolio (also for sale), this historic, multi-story, commercial building blends architectural heritage, a prime location, and significant upside potential, establishing it as a cornerstone asset in one of California’s most visited destinations. The site is directly across the street from Netflix’ stunning renovation of the Eqyptian Theatre, and a block away from Disney’s El Capitan Theatre, TCL Chinese Theatre, Madame Tussaud’s, Ovation Hollywood and the Dolby Theatre (site of the Academy Awards).
The ground floor generates $480,976 NOI annually, which provides a strong income base while the upper floors present a compelling repositioning opportunity. The retail income is bolstered by over 100million visitors per year to Hollywood and its location just east of one of the busiest intersections in the
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
68,971 SF
Building Class
B
Year Built/Renovated
1922/2003
Price
$24,728,532 CAD
Price Per SF
$358.54 CAD
Tenancy
Multiple
Building Height
9 Stories
Typical Floor Size
7,663 SF
Building FAR
5.86
Lot Size
0.27 AC
Opportunity Zone
Yes
Zoning
LAC4 - Commercial
Amenities
- Metro/Subway
- Signage
- High Ceilings
Very walkable
80/100
Very drivable
80/100
Exceptional public transit
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 5547-011-015 | Improvements Assessment | $58,168 CAD |
| Land Assessment | $290,923 CAD | Total Assessment | $349,091 CAD |
Property Taxes
Parcel Number
5547-011-015
Land Assessment
$290,923 CAD
Improvements Assessment
$58,168 CAD
Total Assessment
$349,091 CAD
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Hollywood Plaza | 6751 Hollywood Blvd
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