Multi-Tenant Restaurant Retail
6741 W Hollywood Boulevard Los Angeles Los Angeles, CA 90028
6741 W Hollywood Boulevard Los Angeles, Los Angeles, CA, 90028
$8,250,000
For Sale
$8,250,000
Anchored by Starbucks and Taco Bell Cantina on Hollywood Boulevard frontage.
Property Size18,051 SF
Price / SF$457.04
Days on Market9
Property Features for 6741 W Hollywood Boulevard Los Angeles
General Information
- Standard status
- Active
- Size
- 18,051 SF
Building Details
- Year Built
- 1917
Listing Agency
(909) 328-1567
Listed by
Farrin Harris
(909) 328-1567
Source
Rmarealty
Added: Jul 13 Checked: Jul 19 at 2:46 am
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 Farrin Harris
Investment Insights
Based on property information with market context.
6741 is a striking architectural landmark on a heavily trafficked pedestrian corridor, positioned with substantial Hollywood Boulevard frontage. The property is anchored by a high-volume Starbucks and includes the first Taco Bell Cantina in Los Angeles County, supporting a stable, credit-backed income profile as described in the offering remarks.
The site sits directly east of the Hollywood and Highland intersections and is located across the street from Netflix’s renovation of the Egyptian Theatre. Additional nearby entertainment venues mentioned in the remarks include Disney’s El Capitan Theatre, TCL Chinese Theatre, Madame Tussauds, Ovation Hollywood, and the Dolby Theatre.
Together, the mix of national anchor tenancy and restaurant-focused programming aligns with the destination traffic described for the Hollywood Walk of Fame area.
The site sits directly east of the Hollywood and Highland intersections and is located across the street from Netflix’s renovation of the Egyptian Theatre. Additional nearby entertainment venues mentioned in the remarks include Disney’s El Capitan Theatre, TCL Chinese Theatre, Madame Tussauds, Ovation Hollywood, and the Dolby Theatre.
Together, the mix of national anchor tenancy and restaurant-focused programming aligns with the destination traffic described for the Hollywood Walk of Fame area.
Key Highlights
- 2‑story property built in 1917 with 2 buildings and 18,051 total building area SF.
- Lot size is 0.2122 acres (9,242 SF), per Assessor.
- Hollywood Blvd frontage with an on‑site Starbucks noted as high‑volume.
Local Financial Insights For Specialty Retail
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 | $667.2k | $36.96 |
| − Vacancy | −$15.3k | −$0.85 |
| EGI | $651.8k | $36.11 |
| − OpEx | −$163.0k | −$9.03 |
| NOI | $488.9k | $27.08 |
18,051 SF · lease $36.96/SF/yr · vacancy 2.30% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$6.98M
$6.11M – $8.15M
NOI $488,865 @ 7.0% cap · market cap 5.93%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$365.70M
$319.99M – $426.65M
NOI $25,599,170 @ 7.0% cap · market cap 310.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Parkplace Cali
Travel Agency
The Erotic Museum
Museum
Taco Bell
Restaurant
Similar For Sale Nearby
Similar Off Market Nearby
- Liberation Coffee House — 6725 Santa Monica Blvd, Los Angeles, CA 90038
- Trejo’s Coffee & Donuts — 6785 Santa Monica Blvd, Los Angeles, CA 90038
- Trejos Coffee and Donuts — 6785 santa monica blvd, los angeles, california 90038
- Stereoscope Coffee — 6677 Santa Monica Blvd #104, Los Angeles, CA 90038
- Blackwood Coffee Bar — 7253 B, Santa Monica Blvd, West Hollywood, CA 90046
FAQs
What type of property is this?
Coffee shop - Anchored by Starbucks and Taco Bell Cantina on Hollywood Boulevard frontage.
Where is this coffee shop located?
The property is located at 6741 W Hollywood Boulevard Los Angeles Los Angeles, CA.
What is the asking price?
The asking price for this property is $8,250,000.
What are key features of this property?
This property features: 2‑story property built in 1917 with 2 buildings and 18,051 total building area SF.; Lot size is 0.2122 acres (9,242 SF), per Assessor.; Hollywood Blvd frontage with an on‑site Starbucks noted as high‑volume.
