Historic Mixed-Use
For Sale
$6,850,000
6601 W Hollywood Boulevard, Los Angeles, CA 90028
Three-story mixed-use building with stabilized ground-floor retail and vacant upper-floor office space.
Property Size30,755 SF
Days on Market386
Property Features for 6601 W Hollywood Boulevard
General Information
Standard status
Active
Size
30,755 SF
Property subtype
COMMERCIAL
Building Details
Building Size
30,755 SF
Year Built
1927
Listing Agency:
CB Richard Ellis, Inc.
Listed By:
Kadie Presley · License #01476551
(310) 927-4462
Source:
Velocityrealtysd
Added: Oct 2, 2025
Changed: Oct 13
Last Checked: Oct 21 at 5:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CB Richard Ellis, Inc.
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Investment Insights
Based on property information with market context.
6601 W. Hollywood Boulevard is a three-story mixed-use property totaling approximately 28,261 square feet, with stabilized ground-floor retail producing about $198,000 in annual NOI. The offering also includes approximately 19,409 square feet of vacant upper-floor office space, presented as a strong adaptive-reuse opportunity. Interior features include original hardwood floors, generous ceiling heights, abundant natural light, and large operable windows.
The building is located on the signalized corner of Hollywood Boulevard and Whitley Avenue. It was designed in 1926 by Henry L. Gogerty and Carl Jules Weyl and is noted for Spanish Colonial Revival architecture, recognized as one of Hollywood Boulevard’s most prominent historic structures.
The existing configuration and interior character are intended to support a variety of future uses, including residential, hospitality, office, and entertainment.
The building is located on the signalized corner of Hollywood Boulevard and Whitley Avenue. It was designed in 1926 by Henry L. Gogerty and Carl Jules Weyl and is noted for Spanish Colonial Revival architecture, recognized as one of Hollywood Boulevard’s most prominent historic structures.
The existing configuration and interior character are intended to support a variety of future uses, including residential, hospitality, office, and entertainment.
Key Highlights
- Three‑story mixed‑use property with +/-28,261 SF on the signalized corner of Hollywood Boulevard and Whitley Avenue
- +/-$198,000 annual NOI from stabilized ground‑floor retail
- +/-19,409 SF of vacant upper‑floor office space suited for adaptive reuse
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$622,789
Cap Rate
9.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$12,455,780
$12.5M
Cap Rate 7%
$8,896,986
$8.9M
Cap Rate 9%
$6,919,878
$6.9M
Market Conditions
NOI Build-Up for 30,755 SF
Gross rent
$1.11M $36.00/SF
− Vacancy
−$110.7K −$3.60/SF
EGI
$996.5K $32.40/SF
− OpEx
−$373.7K −$12.15/SF
NOI
$622.8K $20.25/SF
Area
Los Angeles, CA
Vacancy
10.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$12,455,780
Cap Rate 7%
$8,896,986
Cap Rate 9%
$6,919,878
Alternative Uses
Best Use
Office B
$10.43M
$9.13M – $12.17M
NOI $730,008 @ 7.0% cap · market cap 10.66%
Second Best
Retail
$10.20M
$8.92M – $11.90M
NOI $713,737 @ 7.0% cap · market cap 10.42%
Theoretical Best
Multifamily LT 5
$623.08M
$545.19M – $726.92M
NOI $43,615,448 @ 7.0% cap · market cap 636.72%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
6,851
Businesses Nearby
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Business Placement
Demographics for 90028, CA
32,330
Population
22,344
Households
1.4
Avg Household Size
36
Median Age
49%
College-Educated
90%
High-School Grad
1.5 sq mi
ZIP Area
21,553
Density / Sq Mi
$59,393
Median Household Income
$45,325
Median Earnings
$1,839
Median Rent
$970,800
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three-story mixed-use building with stabilized ground-floor retail and vacant upper-floor office space.
Where is this mixed-use property located?
The property is located at 6601 W Hollywood Boulevard Los Angeles, CA.
What is the asking price?
The asking price for this property is $6,850,000.
What are key features of this property?
This property features: Three‑story mixed‑use property with +/-28,261 SF on the signalized corner of Hollywood Boulevard and Whitley Avenue; +/-$198,000 annual NOI from stabilized ground‑floor retail; +/-19,409 SF of vacant upper‑floor office space suited for adaptive reuse
