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6616 Hollywood Blvd, Los Angeles, CA 90028
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6616 Hollywood Blvd Los Angeles, CA 90028

$6,999,000
  • -- Beds
  • -- Baths
  • 8,190 Sq.Ft.
For Sale
$6,999,000 Get Pre-Qualified
Map preview of 6616 Hollywood Blvd, Los Angeles, CA 90028

Property Overview: 6616 Hollywood Blvd Los Angeles, CA has -- bedrooms, -- bathrooms, 8,190 living square feet and 8,400 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Unique storefront multi-tenant retail investment opportunity located in the heart of the iconic tourist mecca of Hollywood Blvd and the Hollywood Walk of Stars. The property has a long stable history of occupancy and consist of four retail units of approximately 2,000 square feet of leasable area each. Walk of fame stars immediately in front of the property include: Fats Domino, Eva Gabor and Al Jolsen. Situated on the south side of Hollywood Blvd between Highland Ave. and Cahuenga Blvd. the location attracts significant foot and drive by traffic visibility and signage.Traffic counts on Hollywood Blvd. are in excess of 26,000 cars per year. It is unique that the property is supported by an underground parking structure with direct suite access and accommodating eight vehicles on site.Additional paid parking is also available on the street and the adjacent parking lot. The site is also located nearly adjacent to the significant Hollywood Blvd redevelopment revitalization project with expected approval in May of 2024. This two-site project located at 1610-1638 Las Palmas Ave., 6626 W. Hollywood Blvd. 1623-1645 and 1638-1644 N Cherokee Ave. will add significant new retail, office, dinning space and over 600 residential units.

Listed by Seung Lee | BRE #01971979 | Keller Williams Realty
Co-listed by Jackie Yoo | BRE #01795348 | Keller Williams Realty
Last checked: 4 minutes ago | Last updated: April 2nd, 2024 | Source CRMLS | DOM: 29
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Home details

Lot Sq. Ft
8,400
HOA Dues
$0/mo
Year built
1994
Garage
--
Property Type:
Retail
Status
Active
MLS#
PW24064515
City
Los Angeles
County
Los Angeles
Time on Site
38 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 1
  • # of Leased Units: 4
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $312,600
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 6616 Hollywood Blvd

Interior Features
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Walkstreet
  • Lot Size Source: Estimated
  • Common Interest: None
Property Information
  • Parcel Number: 5547015014
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Highland Ave & Hollywood Blvd
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Local Los Angeles Agent

Sale History for 6616 Hollywood Blvd

View property's historical transactions

  • April, 2024

  • Apr 1, 2024

    Date

    Active

    CRMLS: PW24064515

    $6,999,000

    Price

Tax History for 6616 Hollywood Blvd

Assessed Value (2020): $2,632,842
Year Land Value Improved Value Assessed Value
2020 $1,059,409 $1,573,433 $2,632,842

Home Value Compared to the Market

This property vs the competition

6616 Hollywood Blvd is listed 460.37% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $854.58 per/sqft which puts the price per square foot 10.41% higher than the median price per square foot for the city of Los Angeles.

About 6616 Hollywood Blvd

Detailed summary of property

6616 Hollywood Blvd is a retail located in Los Angeles, CA 90028 and is currently for sale. This retail property offers -- bedrooms, -- bathrooms, roughly 8,190 living square feet, and sits on an approximately 8,400 square foot lot. 6616 Hollywood Blvd was first listed on ArdentRealEstateGroup.com on April 2, 2024. The homeowner is currently asking $6,999,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 460.37% higher than the median priced home. While the average home in Los Angeles, CA is selling in 93 days, 6616 Hollywood Blvd has a days on market of 29 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 6616 Hollywood Blvd Los Angeles, CA 90028 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 6616 Hollywood Blvd

Public county record property details
Beds
--
Baths
--
Year built
1994
Sq. Ft.
8,190
Lot Size
8,400
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5547-015-014

The source for these homes facts are from public records.

90028 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,195,000
Median List Price/Sq.Ft.
$690
Median Sold Price
$752,000
Median Sold Price/Sq.Ft.
$470
Total Inventory
34
Median Sale to List Price %
83.65%
Avg Days on Market
197
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (100%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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