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6646 Hollywood Boulevard
Hollywood, California CA90028-6229

Property Description

Property TypeCommercial Sale
Property Sub TypeMixed Use
SqFt 27,022
Year Built1927
CountyLos Angeles
Price/SqFt$666.12
StatusActive
Hollywood's Premier Landmark Building The Cherokee Building has been a Hollywood landmark since its original construction in 1927 and is famous for being one of Hollywood’s first major retail buildings with an interior motor court. Located in the heart of Hollywood, 3 blocks east of Hollywood Blvd. and Highland Ave. and 4 blocks west of Vine St. The Cherokee Building offers an investor a rare and unique opportunity to acquire a trophy property with an unparalleled 121 feet of frontage along Hollywood Blvd. The Cherokee Building presents an opportunity for a qualified investor to purchase a rare asset with both significant upside rental, appreciation, and extraordinary future development. J.C. Amber clothier provided decades of custom designs, tailoring, outfitting and clothing to Hollywood’s most famous entertainers, movies stars and musicians. The Cherokee Building is also home to Hollywood’s oldest and most famous Bar. Rich in Hollywood legacy spanning decades and decades of lore, legend and history. Located in the heart of Hollywood 3 blocks east of Highland Ave. and four blocks west of Vine St. On a signaled corned in the core of Hollywood Boulevard’s booming tourist market, surrounded by office buildings, high end restaurants, retail, night clubs, and new residential and commercial developments. One of Hollywood’s most highly traveled thoroughfares averaging almost 14,000 cars per hour! The Cherokee Building not only benefits from the incredible exposure and visibility Hollywood Blvd offers, but also the fantastic walking traffic generated by the millions of tourists who visit Hollywood every year. Near Gene Autry’s and James Caan’s stars along the famous Hollywood Boulevard Walk of Fame. Stop number 34 on Hollywood’s walking tour. This structure is another fine example of the Spanish Colonial Revival Style building on Hollywood Boulevard. Norman W. Alpaugh was a Canadian Architect who moved to Los Angeles; he also designed buildings in New York. The delicacy of the grillwork and Moorish detail give this building a warmth and attractiveness that is unsurpassed. The enclosed interior courtyard with tiled fountain captures the romantic feeling of Spain, and is unusual for commercial buildings in Hollywood. Designed around a parking lot, with an elaborate rear entrance, this structure is one of the earliest structures in Hollywood (possibly Los Angeles) to be oriented around the automobile, predating Bullock’s Wilshire similar treatment”
Listing IDPV21194569
Price$18,000,000

Primary Features

County Los Angeles
Price/SqFt 666.12
Property Sub Type Mixed Use
Property Type Commercial Sale
Year Built 1927

Interior

Building Area Units Square Feet
Building Features Elevators
Condo Area Units Square Feet
Cooling Type Central Air, Evaporative Cooling
Cooling yes
Heating yes
Heating Type Forced Air
Inclusions Mezzanine
Laundry Features None

External

Construction Materials Concrete, Steel
Electric Electricity - On Property, Standard
Lot Size Source Assessor
Minimum Total Area Units Square Feet
Roof Flat, Rolled/Hot Mop
Signage Sign on Building
Water Source Public

Location

Country US
MLS Area Major C20 - Hollywood

Additional

Additional Parcels no
Building Status Existing
Days On Market 354
Exclusions All private property of tenants and owners
List Agent State License 01126091
List Office State License 01948605
Max Total Area Units Square Feet
Parcel Number 5547015031
Security Features Closed Circuit Camera(s)
Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Financial

Electric Expense 29290
Expense Year 159452
Gross Scheduled Income 680000
Insurance Expense 22000
Legal Accounting Expense 6000
Maintenance Expense 15860
Net Operating Income 520548
Operating Expense 159452
Professional Management Expense 37000
Real Estate Tax Expense 29422
Special Listing Conditions Standard
Tax Annual Amount 29422
Tax Year 2021
Total Expenses 159452
Trash Expense 2882

Zoning Info

Home Valuation

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© 2023. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Any correspondence from IDX pages are routed to Laguna Gallery Real Estate or one of their associates. Last updated Saturday, February 4th, 2023.

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Listed by: George Takis, DRE #01126091 from West Shores Realty, Inc. 310-541-8000
Data services provided by IDX Broker