4600 Hollywood Blvd
Los Angeles, CA 90027
Retail Property For Sale

The Hirth Group has been exclusively selected to market for sale 4600 Hollywood Boulevard, Los Angeles, CA 90027, strategically located in the heart of Hollywood – north of Sunset Boulevard, west of Hillhurst Avenue, and east of North Vermont Avenue. 4600 Hollywood Boulevard is a two-story mixed-use property, comprised of roughly 2,950 SF retail on the ground floor and approximately 2,950 SF office space on the second floor, totaling 5,897 SF of building on a 6,750 SF lot. The subject property is located in TOC Tier 4, allowing for an 80% density bonus – totaling 33 buildable units, making it a future development play. The offices can be rented individually (6 units, SF varying from 200 SF to 750 SF) while owner/user operates their business in the retail storefront or visa versa (to occupy the office space and rent the ground floor for income). The property also features two separate bathrooms on the second floor and boasts 12+ parking spaces in the rear of the building. The sale of the property includes roughly 12 business licenses ranging from hard liquor, gentlemen’s club (operating since 1942), restaurant, café, entertainment and others (all grandfathered). This is a unique opportunity for a savvy investor to place a tenant and for an owner user to operate their business. The asset is surrounded by national retailers such as Kaiser Permanente, Hollywood Presbyterian Medical Center, Children’s Hospital Los Angeles, Wendy’s, Church of Scientology, Enterprise Rent-A-Car, Rite Aid, Wells Fargo Bank, Chase Bank, Starbucks, and Bank of America to name a few. Hollywood has seen a dramatic transformation with billions invested since 2000. Being synonymous with the American entertainment industry, Hollywood is recognized worldwide for its fame and cultural identity as the historical center of stars. This unprecedented industry concentration is complemented by extensive retail and entertainment amenities such as the world-famous Hollywood & Highland complex with the Dolby Theater home to the Academy Awards.