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5140 Hollywood Blvd 5,665 SF 93% Leased Retail Building Los Angeles, CA 90027 $3,900,000 ($688.44/SF)
INVESTMENT HIGHLIGHTS
- First time on market in 20 years with strong repositioning upside
- Month-to-month tenants paying below market rents
- +/-140 feet of Hollywood Blvd frontage in high-traffic corridor
- Surrounded by Whole Foods, Target, Barnsdall Art Park, and 101 Fwy
EXECUTIVE SUMMARY
Investment Opportunity: A rare chance to acquire a value-add shopping center with flexible, month-to-month leases, offering multiple avenues for upside in a high-visibility East Hollywood location.
Occupancy & Tenants: Currently 100% occupied with a mix of tenants, including four restaurants (one with a Type 41 license), two service-oriented business, and a billboard lease. Five of the seven tenants are on month-to-month agreements and paying well below market rents, offering immediate upside through repositioning, re-leasing, or redevelopment.
Market Timing: Listed for the first time in over 20 years.
Property Details:
-Building Size: ±5,665 SF
-Lot Size: ±13,438 SF
-Frontage: 130+ feet along Hollywood Blvd
-Location & Visibility: Situated at the high-profile intersection of Hollywood Blvd and Winona Blvd, in the heart of East Hollywood.
-Traffic: Average daily traffic of 30,000 vehicles
-Nearby Amenities: Strategically located along the southern edge of Los Feliz and less than a mile from Gelson’s, Lassen’s, Target, Whole Foods, Barnsdall Art Park, and the 101-Fwy.
Occupancy & Tenants: Currently 100% occupied with a mix of tenants, including four restaurants (one with a Type 41 license), two service-oriented business, and a billboard lease. Five of the seven tenants are on month-to-month agreements and paying well below market rents, offering immediate upside through repositioning, re-leasing, or redevelopment.
Market Timing: Listed for the first time in over 20 years.
Property Details:
-Building Size: ±5,665 SF
-Lot Size: ±13,438 SF
-Frontage: 130+ feet along Hollywood Blvd
-Location & Visibility: Situated at the high-profile intersection of Hollywood Blvd and Winona Blvd, in the heart of East Hollywood.
-Traffic: Average daily traffic of 30,000 vehicles
-Nearby Amenities: Strategically located along the southern edge of Los Feliz and less than a mile from Gelson’s, Lassen’s, Target, Whole Foods, Barnsdall Art Park, and the 101-Fwy.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
5,665 SF
Building Class
C
Year Built
1980
Price
$3,900,000
Price Per SF
$688.44
Percent Leased
93%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.42
Lot Size
0.31 AC
Zoning
C2 - C2 / TOC Tier 3 / AB 2097 Eligible
Parking
18 Spaces (3.18 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
Walk Score®
Walker's Paradise (92)
Transit Score®
Excellent Transit (70)
Bike Score®
Very Bikeable (75)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5544-013-038 | Improvements Assessment | $236,958 |
| Land Assessment | $1,575,121 | Total Assessment | $1,812,079 |
PROPERTY TAXES
Parcel Number
5544-013-038
Land Assessment
$1,575,121
Improvements Assessment
$236,958
Total Assessment
$1,812,079
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5140 Hollywood Blvd
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