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Historic Multi-Story Retail Building

6751 W Hollywood Boulevard Los Angeles, CA 90028

6751 W Hollywood Boulevard, Los Angeles, CA, 90028
$17,650,000
For Sale
$17,650,000

Seven-story mixed-use building with ground-floor retail income and six vacant upper floors built in 1922.

Property Size68,971 SF
Price / SF$255.90
Days on Market297

Property Features for 6751 W Hollywood Boulevard

General Information

Standard status
Active
Size
68,971 SF
Property subtype
General Commercial

Building Details

Year Built
1922
Listing agency CB Richard Ellis, Inc.
Listed by Kadie Presley · License #01476551
Source Xome
Added: Sep 30, 2025 Updated: Jul 23 at 2:06AM Checked: Jul 23 at 3:33AM

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.

6751 W Hollywood Boulevard is a seven-story mixed-use building built in 1922, offering stabilized ground-floor retail income and six vacant upper floors. The property totals approximately 68,971 square feet and sits on prominent frontage along the Hollywood Walk of Fame.

Located at the northwest corner of Hollywood Boulevard and McCadden Place, the asset is directly across the street from Netflix’ renovation of the Egyptian Theatre and within a short distance of several Hollywood entertainment venues, including Disney’s El Capitan Theatre, TCL Chinese Theatre, Madame Tussaud’s, Ovation Hollywood, and the Dolby Theatre.

With retail income at the ground level supporting the building, the upper floors provide space for repositioning opportunities within a historic commercial structure in a heavily visited destination.

Key Highlights

  • Seven‑story mixed‑use building (+/-68,971 SF) at the northwest corner of Hollywood Boulevard and McCadden Place
  • Built in 1922 with ground‑floor retail income and six vacant upper floors
  • Ground‑floor retail generates approximately $480,976 NOI annually

Local Financial Insights For 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 $2.55M $36.96
− Vacancy −$262.6k −$3.81
EGI $2.29M $33.15
− OpEx −$686.0k −$9.95
NOI $1.60M $23.21
68,971 SF · lease $36.96/SF/yr · vacancy 10.30% · expense 30.00%

Alternative Uses

Best Use
Retail
$22.87M
$20.01M – $26.68M (±1% cap)
NOI $1,600,623 @ 7.0% cap · market cap 9.07%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1,397.31M
$1,222.65M – $1,630.20M (±1% cap)
NOI $97,811,773 @ 7.0% cap · market cap 554.17%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Museum of Broken Relationships Museum Charles Chaplin’s Star Resort World of Illusions Los ... Resort

Suggested Use

Pet Grooming Service Butcher (Bike/Boat/Book/etc) Store Nursing Home Tanning Salon (Bike/Boat/Book/etc) Store Mobile Phone Store (Bike/Boat/Book/etc) Store Nursing Home Adult Day Care

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail space - Seven-story mixed-use building with ground-floor retail income and six vacant upper floors built in 1922.
Where is this retail space located?
The property is located at 6751 W Hollywood Boulevard Los Angeles, CA.
What is the asking price?
The asking price for this property is $17,650,000.
What are key features of this property?
This property features: Seven‑story mixed‑use building (+/-68,971 SF) at the northwest corner of Hollywood Boulevard and McCadden Place; Built in 1922 with ground‑floor retail income and six vacant upper floors; Ground‑floor retail generates approximately $480,976 NOI annually
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