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- LoopNet Team
6550 Sunset Blvd
Los Angeles, CA 90028
FULLY LEASED OFFICE & RETAIL CAMPUS · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Courtyard
- Restaurant
- Air Conditioning
ABOUT 6550 SUNSET BLVD , LOS ANGELES, CA 90028
-An iconic three-building creative office and retail project consisting of 29,611 square feet along the famed Sunset Boulevard in Hollywood, CA. -The Property is fully leased to four tenants with a weighted average remaining lease term of more than seven years, providing long-term stable cash flow. -The buildings were most recently renovated in 2017, but exceptional care was taken to preserve the integrity of its emblematic features. -The Property also consists of two adjacent residential parcels with approximately 1,555 square feet of improvements on approximately 6,400 square feet of land that may be considered as part of the sale. The single-family properties are currently leased on a month-to-month basis, providing an immediate redevelopment opportunity. The residential component of the Property offers investors the potential to achieve value-add returns under a number of value enhancement scenarios.
PROPERTY TAXES
| Parcel Number | 5547-026-048 | Improvements Assessment | $4,241,570 |
| Land Assessment | $7,103,497 | Total Assessment | $11,345,067 |
PROPERTY TAXES
