6253 Hollywood BlvdHollywood, CA 90028

  • Retail space
  • 7,700 SF
For Sale
$639,000 View listing

Property Details for 6253 Hollywood Blvd

Year built
1929
Construction
CONCRETE
Lot size
0.29 AC
Property size (Sq ft)
7,700 SF
Zone code
LAC4
Property type
Retail space
APN
5546-030-036
APU
5546030036

Description

This exceptional 1,140 square foot creative office space at 6253 Hollywood Boulevard, Unit 205, offers an unparalleled location in the heart of Hollywood. Situated on a 0.03-acre lot, this impeccably maintained property boasts an iconic address, just steps from the Hollywood & Vine Metro Station, next to the Pantages Theater, and across from the Capitol Records Building and the W Hotel. The interior features an open floor plan ideal for collaborative work, complemented by three separate private offices for focused work. A large common area provides ample space for team interaction, while a dedicated conference room ensures privacy for meetings. A convenient kitchenette adds to the functionality of the space. High ceilings with exposed beams contribute to the building's Art Deco charm and abundant natural light floods the space. Creative finishes throughout enhance the aesthetic appeal. Ample parking is readily available on Vine Street, a significant advantage in this bustling area. This rare opportunity to own a piece of Hollywood history presents a unique blend of style, functionality, and prime location. The asking price is $639,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,338,620
    6.5%
    $3,081,804
    7%
    $2,861,675
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,689,865
    Geo Method
    $3,689,865
  • Alternative Use

    Use
    Valuation
    Residential
    $2,599,617
    Hospitality
    $2,381,235
    Educational
    $1,981,160
    Medical
    $2,049,294
    Retail
    $3,081,804

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.102
Longitude
-118.326
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$64,170
$1,690,000
$2,540,000
$4,230,000
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