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6820-6830 Santa Monica Blvd 14,366 SF Vacant Retail Building Los Angeles, CA 90038 $8,995,000 ($626.13/SF)
INVESTMENT HIGHLIGHTS
- Excellent Visibility
- High Ceilings
- Well Located
- Pole Signage
EXECUTIVE SUMMARY
Please visit 6820SANTAMONICABLVD.COM for full details.
CBRE, Inc., as exclusive advisor, is pleased to present a rare opportunity to acquire a unique industrial/retail building in the heart of the Hollywood Media District.The site consists of ±22,524 square feet of land, improved with a ±14,366 square foot single story building, presently occupied by two art galleries. Situated along a prime thoroughfare, 6820 Santa Monica Blvd. benefits from an exceptional location surrounded by the dense media/industrial complex, neighborhood retail and multifamily that defines central Hollywood. The property is located in both a State Enterprise Zone, and the Hollywood Media District Business Improvement District, which is home to over 350 businesses.
CBRE, Inc., as exclusive advisor, is pleased to present a rare opportunity to acquire a unique industrial/retail building in the heart of the Hollywood Media District.The site consists of ±22,524 square feet of land, improved with a ±14,366 square foot single story building, presently occupied by two art galleries. Situated along a prime thoroughfare, 6820 Santa Monica Blvd. benefits from an exceptional location surrounded by the dense media/industrial complex, neighborhood retail and multifamily that defines central Hollywood. The property is located in both a State Enterprise Zone, and the Hollywood Media District Business Improvement District, which is home to over 350 businesses.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
14,366 SF
Building Class
C
Year Built/Renovated
1921/2014
Price
$8,995,000
Price Per SF
$626.13
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
11’
Building FAR
0.63
Lot Size
0.52 AC
Zoning
MR1-1 - The property is located in both a State Enterprise Zone, and the Hollywood Media District Business Improvement District.
Parking
7 Spaces (0.49 Spaces per 1,000 SF Leased)
AMENITIES
- Pylon Sign
- Signage
- Skylights
- Roof Terrace
Walk Score®
Walker's Paradise (96)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5532-028-017 | Improvements Assessment | $1,775,693 |
| Land Assessment | $7,694,682 | Total Assessment | $9,470,375 |
PROPERTY TAXES
Parcel Number
5532-028-017
Land Assessment
$7,694,682
Improvements Assessment
$1,775,693
Total Assessment
$9,470,375
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6820-6830 Santa Monica Blvd
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