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1602-1608 N Cahuenga Blvd
Los Angeles, CA 90028
Retail Property For Sale
Executive Summary
Offered at $11,950,000, 1602-1608 N Cahuenga Boulevard is a two-story, 16,686-square-foot reinforced-concrete corner asset at Cahuenga and Selma in Hollywood. The property combines a strong in-place rent roll with a potential owner-user pathway, subject to existing lease terms and availability. The asset offers approximately 190 feet of combined frontage, prominent rooftop signage, alley access, 16-foot ceiling height, and existing restaurant and bar infrastructure. The sale includes the existing restaurant and bar equipment serving St. Felix and Tribute. At the end of the current St. Felix lease, the related liquor-license benefit is expected to accompany the property, subject to applicable transfer and licensing requirements. The property sits within Hollywood's hotel, dining, and entertainment district (The Vinyl District) and offers longer-term strategic assemblage optionality along the east side of Cahuenga.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
16,686 SF
Building Class
C
Year Built/Renovated
1926/2010
Price
$11,950,000
Price Per SF
$716.17
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.92
Lot Size
0.20 AC
Opportunity Zone
Yes
Zoning
LAC4 - Commercial, Opportunity zone, near metro
Frontage
Amenities
- Corner Lot
- Mezzanine
- Restaurant
- Storage Space
- Cafe
Property Taxes
| Parcel Number | 5546-008-009 | Improvements Assessment | $688,293 |
| Land Assessment | $287,052 | Total Assessment | $975,345 |
Property Taxes
Parcel Number
5546-008-009
Land Assessment
$287,052
Improvements Assessment
$688,293
Total Assessment
$975,345
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