Property summary
This exceptional opportunity presents the chance to lease space within the historic Earl Carroll Theatre, a 39,063 square foot, three-story building situated on a 0.73-acre lot (31,864 square feet) in Hollywood. Originally opened in 1938 as a dinner theatre and supper club, this architectural marvel, designed by renowned architect Gordon Kaufmann (also known for the Hollywood Palladium), was a groundbreaking structure, featuring extensive neon lighting and a 70-foot revolving stage. The property boasts 70 parking spaces and is zoned C4. Individual spaces range from 1,271 to 21,863 contiguous square feet, with a total of 39,063 square feet currently vacant. The building has served as a soundstage for numerous television shows and movies, and notably housed Nickelodeon's West Coast production headquarters from the late 1990s to 2016. Designated a Historic-Cultural Monument in 2016, the property is undergoing significant restoration, with over $1.2 million already invested and an additional $625,000 planned for completion. This landmark offers a unique chance to be part of Hollywood history, leasing space in a building with a rich legacy in entertainment. The minimum divisible space is 1,271 square feet. The property's APN is 5546-025-034.
Property profile
VerifiedCap rate & NOI
Current use
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Theater & Performing Art Venue
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Television Studio Media Distribution
Location
Value estimations
Owner & transaction history
Comparables
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Property description
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