6356 Hollywood BlvdLos Angeles, CA 90028

Property Details for 6356 Hollywood Blvd

Year built

1934

Construction

TILT-UP CONCRETE

Lot size

0.20 AC

Property size (Sq ft)

17,100 SF

Zone code

LAC4

Property type

Turn key restaurants

APN

5546-008-020

APU

5546008020

Description

This exceptional 8,500-square-foot single-tenant property located at 6356 Hollywood Boulevard in Los Angeles, California, presents a unique investment opportunity. Situated in Los Angeles County, zip code 90028, this retail space is ideally suited for a bar or restaurant operation. The property boasts a state-of-the-art design, featuring two distinct entertainment rooms, perfect for creating a dynamic and versatile venue. With a total building size of 8,500 square feet and currently 100% vacant, this space offers immediate occupancy for a new tenant. The high-traffic location on Hollywood Boulevard ensures significant foot traffic and visibility, providing an excellent platform for a successful business. The property's design and location make it an ideal choice for an operator looking to establish a thriving bar or restaurant in a vibrant and bustling area of Los Angeles. This is a rare opportunity to acquire a fully equipped, ready-to-occupy space in one of Los Angeles's most iconic locations. The property is categorized as retail and restaurant, specifically a bar, and offers a single tenancy. Its coordinates are 34.1012813 latitude and -118.3285314 longitude.

• CAP approach

  CAP return

  Valuation

  6%

  $7,414,339

  6.5%

  $6,844,006

  7%

  $6,355,148

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,194,374

  Geo Method

  $8,194,374

• Alternative Use

  Use

  Valuation

  Residential

  $5,773,174

  Hospitality

  $5,288,197

  Educational

  $4,399,718

  Medical

  $4,551,031

  Retail

  $6,844,006

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.1013

Longitude

-118.329

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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