1651-1657 N La Brea Ave 5,603 SF 100% Leased Retail Building Los Angeles, CA 90028 $6,950,000 ($1,240.41/SF) 5% Cap Rate

Presenting a Generational Opportunity Located in the Heart of Hollywood at the signalized SW corner of Hollywood & La Brea. First time on the market in over 38 years. This property offers an investor a rare and unique opportunity to acquire a trophy property within walking distance to many of Hollywood's top attractions including the Hollywood Walk of Fame, The TCL Chinese Theatre and the Dolby Theatre. There are over $5.3 Billion in current and near term development projects within 3 miles of the property. The property has recently undergone several improvements including a fresh new Santa Barbara inspired paint scheme, re-sealing of the roof and re-striping of the parking lot.
Zoning for the subject property is (Q)C4-2D-CPIO