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Property profile & analytics
OFF-MARKET
Estimated value
$785,000
Theaters & concert halls
6608 Hollywood Blvd Los Angeles, CA 90028-6208
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7277007
Property profile
Verified
Property type
Theaters & concert halls
Use group
DANCE HALL
Year built
1934
Construction
CONCRETE
Total area
26,182 SF
Lot
0.19 ac (8,100 SF)
Zoning code
LAC4
APN
5547-015-012
UPID
US09-7277007
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
New Magic Store In Hollywood Toys And Costumes (Bike/Boat/Book/etc) Store Arcade & Gaming Center
-
The Kress Nightclub DJ & Entertainment
-
Shannon's Insulation Contractor Los Angeles General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$670k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$903k
Blend (final)
Blend
$785k
Owner & transaction history
Hollywood Kress LLC · 13 yrs held
Hollywood Kress LLC
since 2012
7 recorded transactions
Zoning & alternative use
LAC4 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Los Angeles submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Los Angeles submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$670,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$785k
Range $707k – $864k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$30 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$91,639
Tax year 2024
Assessed value
$6,760,775
Assessed 2024
Previous assessed
$6,760,775
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$1,931,648
Assessed improvement
$4,829,127
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Theaters & concert halls
Use group
DANCE HALL
Status
Off-Market
Year built
1934
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
26,182 SF
Lot
0.19 ac (8,100 SF)
Zoning code
LAC4
APN
5547-015-012
UPID
US09-7277007
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAC4 · Los Angeles, CA
Zoning LAC4 · permitted uses
LAC4 · Los Angeles, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Los Angeles. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1934
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Hollywood Kress LLC
Entity
Mailing address
1675 BROADWAY20THFL, NEW YORK, NY 10019-5820
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 19, 2012
$10,400,000
Hollywood Kress LLC
Cre Lj Ca LLC
Grant Deed
—
May 6, 2011
$8,050,000
Cre Lj Ca LLC
Fidelity Natl Default
Trustees Deed
related
—
Jun 24, 2005
—
Visco Real Estate Invs LLC
6622 Hollywood Partners LLC
Grant Deed
—
Jun 24, 2005
$9,950,000
Visco Real Estate Invs LLC
6622 Hollywood Partners LLC
Grant Deed
$8,500,000 · Community National Bank
Mar 3, 2000
—
Jeff Greene
Hollywood Assn LLC
Grant Deed
$10,000 · Overland Financial Co
Nov 30, 1999
—
Assoc Hollywood
Fredericks,hol
Grant Deed
related
—
—
—
Hollywood Associates LLC
—
Deed Of Trust
related
$3,800,000 · Harris Trust & Savings Bank
—
—
Visco Real Estate Invs LLC
—
Deed Of Trust
related
$3,000,000 · Fundex Capital Corp
—
—
6622 Hollywood Partners LLC
—
Deed Of Trust
related
$3,500,000 · First Regional Bank
—
—
Visco Real Estate Invs LLC
—
Deed Of Trust
related
$22,000,000 · La Jolla Bank
Jun 1, 1967
$173,500
—
—
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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