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Property profile & analytics
OFF-MARKET Estimated value $1,450,000
Manufacturing properties

6820 Santa Monica Blvd Los Angeles, CA 90038-1114

14,366 SF 0.52 ac lot Built 1921
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US09-7277336
Property summary
AI-generated overview

This exceptional Los Angeles industrial property, located at 6820 Santa Monica Blvd in the heart of the Hollywood Media District, offers a unique investment opportunity. The single-story warehouse building encompasses approximately 14,366 square feet on a sizable 22,524 square foot lot. Currently occupied by two art galleries, this property benefits from its prime location along a busy thoroughfare, surrounded by a thriving mix of media, industrial, retail, and residential developments. Its strategic position within both a State Enterprise Zone and the Hollywood Media District Business Improvement District, home to over 350 businesses, presents significant advantages. The asking price for this rare opportunity is $10,800,000. The property's central Hollywood location provides excellent access to major transportation arteries and a dense concentration of businesses and residents. This makes it an ideal investment for those seeking a high-value property in a dynamic and rapidly growing area of Los Angeles. The substantial lot size also offers potential for future development or expansion. Further details are available upon request.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1921
Construction TILT-UP CONCRETE
Total area 14,366 SF
Lot 0.52 ac (22,504 SF)
Zoning code LAMR1
APN 5532-028-017
UPID US09-7277336
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
  • Bridge Projects Art Gallery
  • Tacos El Chido Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.39M
Blend (final) Blend
$1.45M
Owner & transaction history
Angelwood Station LLC · 10 yrs held
Angelwood Station LLC
since 2016
7 recorded transactions
2016
$8.0M
2014
$360,000
2014
Price N/A
2014
$540,000
1999
Price N/A
1997
Price N/A
1993
$1.2M
Zoning & alternative use
LAMR1 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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