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6325-6327 Hollywood Blvd
Los Angeles, CA 90028

Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
9,702 SF
Building Class
C
Year Built
1922
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.00
Lot Size
0.22 AC
Zoning
C4
Frontage
63 FT on Hollywood

About 6325-6327 Hollywood Blvd , Los Angeles, CA 90028

As the exclusive broker, WESTMAC Commercial Brokerage Company is pleased to present 6325-27 Hollywood Blvd. This 9,702 square foot retail property consists of two built-out restaurant spaces (7,000 SF and 2,700 SF) and is located in the heart of world famous Hollywood on the highly coveted Hollywood Walk of Fame which is visited by over 15 million tourists annually. Those familiar with everything happening in Hollywood will understand the tremendous upside on this property. Hollywood is only going up from here…literally. TOC and Opportunity Zone overlays are making it more advantageous to build upwards these days. Please note that preliminary investigations show that one can comfortably build 53 units above two retail spaces on the ground floor. Also, both restaurant spaces will be delivered vacant at the close of escrow Over the past several years, Hollywood has experienced a tremendous renaissance, with over $7.4 billion of development in the form of new hotels, multifamily, mixed-use, and office space. Many believe that this will cause Hollywood Boulevard and it’s retailers to transfer from being tourist-oriented into a district that caters to it’s increasing residential population as well as it’s ever increasing daytime population. It’s only logical to project that all of this development will not only translate into increased foot traffic but also a greater demand for fine / casual dining establishments, who can pay higher rents. 6325-27 Hollywood Blvd also benefits from being located in the following: Tier 4 Transit Oriented Community Zone, Opportunity Zone, State Enterprise Zone, and the Hollywood Entertainment District.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5546-004-012
Land Assessment
$6,365,020
Improvements Assessment
$1,071,772
Total Assessment
$7,436,792
  • Listing ID: 14023088

  • Date on Market: 10/9/2018

  • Last Updated:

  • Address: 6325-6327 Hollywood Blvd, Los Angeles, CA 90028

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