Property profile

1735 Vine St Los Angeles, CA 90028

OFF-MARKET
Theaters & concert halls
Property ID
US09-7271538
33,444 SF 0.42 ac lot Built 1927
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

For sale is the legendary Avalon Theatre, a 33,444 square foot retail property located at 1735 Vine St, Los Angeles, CA 90028. Built in 1927 and extensively renovated in 2002, this Hollywood landmark boasts a rich history as a premier entertainment venue. From its beginnings as The Hollywood Playhouse to its evolution as a CBS radio studio, television venue, and nightclub, the Avalon has hosted countless iconic artists, including The Beatles, Prince, Madonna, The Rolling Stones, Nirvana, and Smashing Pumpkins. The property includes the main Avalon Theatre and the adjacent Bardot club, both equipped with state-of-the-art sound and lighting systems. This unique opportunity presents a chance to acquire a piece of Hollywood history, a fully operational entertainment complex with significant potential for continued success in the vibrant heart of Hollywood & Vine. The asking price for this exceptional property is $21,500,000. This is a rare chance to own a piece of entertainment history in one of the world's most famous locations. The property's prime location and extensive history make it a highly desirable investment opportunity.

Property profile

Verified
Property type Theaters & concert halls
Use group THEATER (MOVIE)
Year built 1927
Construction CONCRETE
Total area 33,444 SF
Lot 0.42 ac (18,331 SF)
Zoning code LAC4
APN 5546-004-403
UPID US09-7271538

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Vocational School Training Center
  • Architect
  • Parking Lot & Garage
  • Atm
  • Nightclub DJ & Entertainment

Location

1735 Vine St Los Angeles, CA 90028-5248
Los Angeles metro Census 190201 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request

Owner & transaction history

since 2025
Last sale
$15.8M
7 recorded transactions
2025
$15.8M
2017
Price N/A
2002
Price N/A
2000
Price N/A
1995
$10,000
1995
$550,000
1991
$1.7M

Zoning & alternative use

LAC4 · Los Angeles, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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