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Property profile & analytics
OFF-MARKET
Estimated value
$12,920,000
Theaters & concert halls
6708 Hollywood Blvd Los Angeles, CA 90028-4605
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-7930766
Property profile
Verified
Property type
Theaters & concert halls
Use group
THEATER (MOVIE)
Year built
1922
Construction
CONCRETE
Total area
24,658 SF
Lot
0.9 ac (39,404 SF)
Zoning code
LAC4
APN
5547-014-043
UPID
US09-7930766
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
-
Red Line Tours Travel Agency
-
Steve Carell’s Star Tour Operator
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.03M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.45M
Blend (final)
Blend
$12.92M
Owner & transaction history
Netflix INC · 6 yrs held
Netflix INC
since 2020
Last sale
$14.4M
4 recorded transactions
Zoning & alternative use
LAC4 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$20.3M
+159.1%
Auto repair, garage
$13.4M
+71.3%
Office building
$12.4M
+58.1%
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
$14,310,000
ML approach
$10,030,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
THEATER (MOVIE)
$7,825,000
Current use
RESTAURANT
$20,280,000
Change: +159% · Conversion: Difficult
AUTO REPAIR, GARAGE
$13,405,000
Change: +71% · Conversion: Difficult
OFFICE BUILDING
$12,375,000
Change: +58% · Conversion: Difficult
MEDICAL BUILDING
$11,235,000
Change: +44% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$10,445,000
Change: +33% · Conversion: Difficult
RETAIL STORES
$10,125,000
Change: +29% · Conversion: Difficult
Blend value · Realmo final
$12.92M
Range $11.63M – $14.21M · ±10% · vs last sale $14.40M (May 29 2020)
Last sale anchor
$14.40M
May 29 2020
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
$524 / 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
$302,147
Tax year 2024
Assessed value
$23,459,779
Assessed 2024
Previous assessed
$23,459,779
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$22,848,625
Assessed improvement
$611,154
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
THEATER (MOVIE)
Status
Off-Market
Year built
1922
Construction
CONCRETE
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
24,658 SF
Lot
0.9 ac (39,404 SF)
Zoning code
LAC4
APN
5547-014-043
UPID
US09-7930766
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.
Alternative use value scenarios
Repositioning upside vs current use
THEATER (MOVIE) Current
Est. value
$7.8M
RESTAURANT
Est. value
$20.3M
AUTO REPAIR, GARAGE
Est. value
$13.4M
OFFICE BUILDING
Est. value
$12.4M
MEDICAL BUILDING
Est. value
$11.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$10.4M
RETAIL STORES
Est. value
$10.1M
THEATER (MOVIE) Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1922
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.9 ac
Current owner
From public records · entity-resolved
Netflix INC
Entity
Free & Clear · 6 yrs held
Mailing address
5808 W SUNSET BLVD, LOS ANGELES, CA 90028-6607
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 29, 2020
$14,400,000
Netflix INC
American Cinematheque
Grant Deed
—
Nov 4, 1996
—
American Cinematheque
Community Redev Agency Los Ang
Grant Deed
$2,000,000 · Community Redev Agency Los Ang
May 12, 1992
—
Hollywood Egyptian Theatre INC
—
Deed Of Trust
related
—
—
—
American Cinematheque
—
Deed Of Trust
related
$1,100,000 · Jamie & Steve Tisch Foun INC
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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