1735 Vine St Los Angeles, CA 90028-5248
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.
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John Lyons Systems Architect
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LOT #2 Parking Lot & Garage
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ATM Atm
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AVALON Hollywood & Bardot Nightclub DJ & Entertainment
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LAC4 · Los Angeles, CALos Angeles. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.