Historical Office Sale Listing - Security Pacific Building

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Security Pacific Building

6381 Hollywood Blvd., Los Angeles, CA 90028

N/A

74,193 SF | Office

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Office Property - Off Market

Price:
N/A
Building Size:
74,193 SF
Property Type:
Office
Property Sub-type:
Office Building
Additional Sub-types:
Mid/High-Rise
Free Standing Bldg
Retail (Other)
Property Use Type:
Vacant/Owner-User
Cap Rate:
4.60%
No. Stories:
7
Building Class:
B
Year Built:
1922
Lot Size:
11,750 SF
Listing ID
14103464
Last Updated
over 1 year ago

Highlights

  • Access to 2 RedLine Subway Stations and 101 freeway
  • Moments from Sunset & Vine, Cinerama Dome, Hollywood & Highland
  • Located amidst Hollywood's most vibrant nightlife
  • 2 blocks from Major W Hotel/Housing Development

Description

This historic 7 story office building housed the office of famous fictional detective Philip Marlow in author Raymond Chandler's "The Long Goodbye". The building's Italian Romanesque architecture and large bank lobby area make the building attractive for an owner user that wants to capitalize on the retail pedestrian traffic and numerous redevelopment projects underway on Hollywood Blvd. Current income stream and short-term tenant leases makes this building an attractive housing conversion candidate under the City of Los Angeles Adaptive Reuse Ordinance. NO RE-ZONING or RE-ENTITLEMENT NECESSARY. Ground floor bank lobby lease expires in June 2005. Adjacent 9,400 sf, 1 story retail building with 8,400 sf of land also available for purchase seperately. For more details, please download and return a Confidentiality Agreement.

Situated on the northeast corner of Hollywood and Cahuenga, this asset is only moments aways from the popular destinations of Hollywood & Highland retail/entertainment center, Pantages Theater, Hollywood Bowl, Sunset & Vine mixed-use project, Grauman's Chinese Theater, Capital Records Building, and more. In addition, 2 blocks west of the asset will be the site of Legacy Partners mixed-use condominium/apartment project that will also house a W Hotel (2006), KOR Group's condominium conversion of the former Broadway Department Store, and one block from the nearly completed Cosmo Lofts - Hollywood's first adaptive reuse project.

This site is easily accessible via the 101 Freeway and 2 RedLine subway stations within a few minutes walk.

Map of 6381 Hollywood Blvd., Los Angeles, CA 90028 (Los Angeles County)

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