Historic Mixed-Use
6601 W Hollywood Boulevard Los Angeles, CA 90028
6601 W Hollywood Boulevard, Los Angeles, CA, 90028
$6,850,000
For Sale
$6,850,000
Three-story mixed-use building with stabilized ground-floor retail and vacant upper-floor office space.
Property Size30,755 SF
Price / SF$222.73
Days on Market298
Property Features for 6601 W Hollywood Boulevard
General Information
- Standard status
- Active
- Size
- 30,755 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1927
Listing agency
CB Richard Ellis, Inc.
(310) 927-4462
Listed by
Kadie Presley · License #01476551
Source
Xome
Added: Sep 29, 2025 Updated: Jul 23 at 2:49AM Checked: Jul 23 at 2:49AM
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.
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
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.11M | $36.00 |
| − Vacancy | −$110.7k | −$3.60 |
| EGI | $996.5k | $32.40 |
| − OpEx | −$373.7k | −$12.15 |
| NOI | $622.8k | $20.25 |
30,755 SF · lease $36.00/SF/yr · vacancy 10.00% · expense 37.50%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
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
