Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    7576 Hollywood Blvd Los Angeles, CA 90046

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    7576 Hollywood Blvd Los Angeles, CA 90046

    View on Map
    • Commercial real estate
    • 0.11 lot acres
    Off-Market
    Property ID
    US10-1771778
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 7576 Hollywood Blvd

    Lot size
    0.11 lot acres
    Property type
    Commercial real estate
    APN
    5550-008-001

    Description

    This exceptional 0.11-acre land parcel, located at 7576 Hollywood Blvd in Los Angeles, CA 90046 (APN 5550-008-001), presents a unique investment opportunity. Zoned LAR3, it's approved for both commercial and residential development, catering to the high demand for housing in the vibrant Hollywood area. The property's strategic location offers convenient access to major freeways and public transportation, ensuring excellent connectivity throughout Los Angeles. Given Hollywood's ongoing economic growth and revitalization, this site is poised to benefit from the area's increasing desirability among businesses and residents. The established infrastructure further enhances the development potential, making it an attractive proposition for investors and developers seeking to capitalize on the thriving Hollywood real estate market. The property's size and zoning flexibility allow for the creation of luxury apartments, condos, or townhomes, catering to the diverse needs of the local population. This is a rare opportunity to acquire a prime piece of land in a highly sought-after location. Note that property photos are virtually staged.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.3548672
    Latitude
    34.1013919

    Comparable in this City

    • $1,897,000
      0.17 Acres

      Los Angeles Duplex in Melrose

      Bungalow-style duplex in Melrose neighborhood with LAR3 zoning.
      840 N Poinsettia Pl, Los Angeles, CA 90046
      View Details
    • Contact for pricing
      2,353 SF

      Updated Spanish-Style West Hollywood Duplex

      Updated duplex in West Hollywood with private outdoor spaces.
      7621 Norton Ave, West Hollywood, CA 90046
      View Details
    • $6,950,000
      16,780 SF

      West Hollywood 19-Unit Apartment Building

      Turnkey multifamily property in a desirable West Hollywood location.
      Norton Ave, West Hollywood, CA 90046
      View Details
    • $2,875,000
      6,984 SF

      West Hollywood Multifamily Investment Opportunity

      Prime West Hollywood multifamily property with value-add potential.
      1035 N Sierra Bonita Ave, West Hollywood, CA 90046
      View Details
    • $1,899,000
      2,622 SF

      West Hollywood Triplex with Redevelopment Potential

      West Hollywood triplex with income and redevelopment possibilities.
      1029 N Orange Grove Ave, West Hollywood, CA 90046
      View Details
    • New
      $1,445,000
      5,100 SF

      Los Angeles Multifamily Investment Opportunity

      Multifamily property in Los Angeles, California for sale.
      7360 Hollywood Blvd, Los Angeles, CA 90046
      View Details

    Similar Nearby for Sale

    • $1,897,000
      0.17 Acres

      Los Angeles Duplex in Melrose

      Bungalow-style duplex in Melrose neighborhood with LAR3 zoning.
      840 N Poinsettia Pl, Los Angeles, CA 90046
      View Details
    • Contact for pricing
      2,353 SF

      Updated Spanish-Style West Hollywood Duplex

      Updated duplex in West Hollywood with private outdoor spaces.
      7621 Norton Ave, West Hollywood, CA 90046
      View Details
    • $6,950,000
      16,780 SF

      West Hollywood 19-Unit Apartment Building

      Turnkey multifamily property in a desirable West Hollywood location.
      Norton Ave, West Hollywood, CA 90046
      View Details
    • $2,875,000
      6,984 SF

      West Hollywood Multifamily Investment Opportunity

      Prime West Hollywood multifamily property with value-add potential.
      1035 N Sierra Bonita Ave, West Hollywood, CA 90046
      View Details
    • $1,899,000
      2,622 SF

      West Hollywood Triplex with Redevelopment Potential

      West Hollywood triplex with income and redevelopment possibilities.
      1029 N Orange Grove Ave, West Hollywood, CA 90046
      View Details
    • New
      $1,445,000
      5,100 SF

      Los Angeles Multifamily Investment Opportunity

      Multifamily property in Los Angeles, California for sale.
      7360 Hollywood Blvd, Los Angeles, CA 90046
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space on Santa Monica Blvd

      Retail space with high visibility and secured parking.
      7617 Santa Monica Blvd, West Hollywood, CA 90046
      View Details
    • Contact for pricing

      Leased Retail Property on Melrose

      100% leased retail property located on Melrose Avenue.
      7207 Melrose Ave, Los Angeles, CA 90046
      View Details
    • Contact for pricing
      1,535 SF

      Fully Leased Retail Property

      Retail property at a prime location, currently 100% leased.
      7441-7445 W Sunset Blvd, Los Angeles, CA 90046
      View Details
    • Contact for pricing

      West Hollywood Retail/Restaurant Spaces

      Turnkey retail and restaurant spaces in prime West Hollywood location.
      7901-7913 Santa Monica Blvd, West Hollywood, CA 90046
      View Details
    • Contact for pricing

      Melrose Avenue Retail/Office Space

      Office suite in a vibrant retail and office building.
      7912-7918 Melrose Ave, Los Angeles, CA 90046
      View Details
    • Contact for pricing

      West Hollywood Retail Space Available

      Prime endcap retail space for lease in West Hollywood.
      901 N Fairfax Ave, West Hollywood, CA 90046
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7576 Hollywood Blvd
    Los Angeles, CA 90046
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!