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6531-6533 Hollywood Blvd Los Angeles, CA 90028
6531-6533 Hollywood Blvd
Los Angeles, CA 90028
$21,950,000.00
Property Type Multi-Family Status For Sale Size 63374 SQ. FT

RARE MULTIFAMILY OPPORTUNITY LOCATED ON HOLLYWOOD BLVD

Some of the best nightclubs in Hollywood located downstairs!

Premises: ±63,374 SF Building including ±8,560 SF of Retail Space on the Ground Floor and on the Basement level.

Price: $21,950,000

APN #: 5547-008-001

Zoning: LAC4

Parking: 45 Spaces Leased on Nearby Schrader-Lot

Desirable Unit Mix: 26 Studios (375 – 587 SF)

13 One Bed / One Bath (600-720 SF)

14 Two Bed / One Bath (985-1136 SF)

 

 

Features
  • Located in an Opportunity Zone which allows investors certain beneficial tax breaks on their capital gains.
  • Property underwent $10.7 million dollar renovation back in 2006
  • Unit Amenities include Hardwood Floors, Air Conditioning, Washer & Dryer, Crown Molding, Walk-in closets, and balcony’s, to name a few
  • Located in the middle of it all, right in the heart of Hollywood
  • Potential Boutique Hotel Conversion
  • 53 Units consisting of 26 Studios, 13 1bd/1ba, and 14 2bd/1ba