6140 Hollywood Blvd
Los Angeles, CA 90028

The 16,853 square-foot corner development site at 6130-40 Hollywood Blvd. represents the pinnacle of urban infill development opportunities in the City of Los Angeles; sizeable enough to stake a claim on Hollywood’s skyline, yet still attainable for a broad spectrum of Los Angeles developers aiming for a locationally impeccable acquisition. The site represents the only remaining available parcel within in Hollywood Boulevard’s “regional center” segment – the epicenter of Hollywood urbanization – some might say the epicenter of Western culture. This specific location on Hollywood Blvd. is on the verge of exploding with the approval of a 220-unit 21- story high rise development two parcels east of the subject site under case: CPC-2016-2848-VZC-HD-CUB-SPR-1A and the filing of case ZA-2022-6687-DB-CU-CUB-SPR-VHCA for a 500,000 SF mixed use project one block east at the current site of Hollywood Toyota. We met with the City Planning Unit in charge of administering the Redevelopment Plan on October 17, 2022 to discuss the various methodologies of entitling the site for a residentially dominated mixed use apartment project with the goal of understanding various pathways of reaching approximately 80-90 apartment units with a small commercial component. There are three legitimate entitlement pathways, and we will review these pathways herein with a special focus on the simplest most risk-adverse pathway which would be the use of TOC to reach a 4.25 FAR. The site is priced at $9,500,000 ($564/PSF) without official terms guidance. We welcome your inquiry and questions such that we may collaborate to ensure that this could be your next successful development project. Site Address: 6130-6140 Hollywood Blvd. Los Angeles, CA 90028 APN: 5546-027-001, 003 Total Land Area: 16,853 SF – Approximately 77’ Front X 195’ + APN 003. Zoning: C4-2D-SN and C4-2D Existing Improvements: Vacant, fire damaged, 5,200 SF warehouse building built in 1916. There are no historic implications associated with the building. Opportunity Zone: Yes 2022 TCAC/HCD Opportunity Designation: Moderate Resource Area Walk Score: 88 RSO Units: None. Redevelopment of the site will not involve RSO displacement. Entitlements: None. A ZC application was filed back in 2016 (CPC-2016-3871-VAC-HD-MCUP-SPR). This application has been since terminated. Work product for this application is unavailable is it is in the possession of a prior partner no longer involved in the real estate. Price: $9,500,000 ($564/PSF Land)