For Sale Commercial MLS# SR26212007

5070 Hollywood Boulevard

Los Angeles, CA 90027

$3,995,000

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About 5070 Hollywood Boulevard

LOCATED IN THE HEART OF HOLLYWOOD AND LOS FELIZ ADJACENT. THE PROPERTY WAS BUILD IN 1995 AND CONSISTS OF 4 TENANTS WITH BELOW MARKET RENTS. HOLLYWOOD IS ONE OF LOS ANGELES MOST DESIRABLE AREAS TO BUILD. CORNER OF TWO MAJOR STREETS HOLLYWOOD BLVD. AND NORMANDIE AVE. LAC2 ZONING. THIS PROPERTY IS GOOD FOR OWNER USER BUYER OR INVESTOR. TENANTS ARE UNDER MONTH TO MONTH LEASES WITH LOW RENTS. CORNER RETAIL INVESTMENT, APPROXIMATELY 5.0% PRO FORMA CAP WITH RENT UPSIDES.

Property details

Property

Type
Retail
MLS type
Commercial
Status
Active
Year built
1995
Stories
1
Living area
6,000 sqft
Price / sqft
$666
Lot
0.1951
Original price
$3,995,000
MLS #
SR26212007

Interior

Heating
Central, Natural Gas
Cooling
Central Air, Electric

Exterior & lot

Features
Parking spaces: 8
Construction
Block, Concrete
Roof
Flat
Lot
LAC2
Fence
Chain Link

Schools

District
Los Angeles Unified School District

Utilities

Utilities
Public, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Standard
Water
Public

Financial

Parcel
5543001001
Special conditions
Standard, Trust

Location

Area
C20 - Hollywood
County
Los Angeles
Neighborhood
East Hollywood
Directions
CORNER OF HOLLYWOOD BLVD AND NORMANDIE AVE.

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Listed by Yeghia Kademian, General Realty Group,Inc.

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.