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Investment Highlights
- Positioned directly in the middle of the "Hollywood Media District"
- Walkability score- 90 'exceptionally friendly'
- Heavily upgraded with bank-level security and high-end retail finishes
- Surrounded by high end restaurants, art galleries, and production studios
- Great traffic volume
- Allows a new owner to plug and play with high-value inventory
Executive Summary
738 N Highland Ave represents an exceptional owner-user or investment opportunity in the heart of the highly desirable Hollywood Submarket. Offered at $2,199,999, this 1,900 SF building is perfectly positioned for high-value retail concepts. Situated in the vibrant "Hollywood Media District," the property is surrounded by an eclectic mix of high-end restaurants, art galleries, and production studios. The site boasts massive daily commercial exposure, with average daily traffic volumes exceeding 45,000
vehicles along N Highland Avenue. With comprehensive, bank-vault-level security infrastructure already in place—including a reinforced security room, an anchored heavy
duty safe, and a surveillance loft—this asset is incredibly well-suited for a premium jewelry store, high-end smoke shop, or upscale convenience retailer. Furthermore, it taps directly into an affluent consumer base with an average household income of $126,734 within a one-mile radius, while offering the rare convenience of 6 surface parking spaces with secured, gated access.
vehicles along N Highland Avenue. With comprehensive, bank-vault-level security infrastructure already in place—including a reinforced security room, an anchored heavy
duty safe, and a surveillance loft—this asset is incredibly well-suited for a premium jewelry store, high-end smoke shop, or upscale convenience retailer. Furthermore, it taps directly into an affluent consumer base with an average household income of $126,734 within a one-mile radius, while offering the rare convenience of 6 surface parking spaces with secured, gated access.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
1,900 SF
Building Class
C
Year Built
1938
Price
$2,199,999
Price Per SF
$1,157.89
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,900 SF
Building FAR
0.62
Lot Size
0.07 AC
Zoning
LAC2 - Commercial
Parking
6 Spaces (3.16 Spaces per 1,000 SF Leased)
Amenities
- Security System
Very walkable
80/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5524-011-021 | Improvements Assessment | $702,270 |
| Land Assessment | $1,638,630 | Total Assessment | $2,340,900 |
Property Taxes
Parcel Number
5524-011-021
Land Assessment
$1,638,630
Improvements Assessment
$702,270
Total Assessment
$2,340,900
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738 N Highland Ave
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