Los Angeles, CA 90028,6533 Hollywood Blvd
Los Angeles, CA 90028,6533 Hollywood Blvd
Los Angeles, CA 90028,6533 Hollywood Blvd
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$26,000,000
Est. payment /mo
63,374 SqFt
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UPDATED:

08/31/2024 07:01 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 63,374 sqft

Price per Sqft $410

MLS Listing ID 24-431369

Style Mediterranean

Construction Status Updated/Remodeled

Year Built 1920

Lot Size 0.358 Acres

Acres 0.3577

Property Description

The Harlan Residences at 6533 Hollywood Blvd. in Los Angeles is a registered Hollywood landmark with an incredible legacy of old Hollywood and modern adaptability located on the world famous Hollywood Walk of Fame. Ownership has spared no expense in modernizing this historic asset while carefully retaining its irreplaceable aesthetic. Built circa 1917 by Hollywood mogul Jesse Lasky and financed, in part, by the pronounced "King of Hollywood" Douglas Fairbanks, the Harlan is composed of 54 apartment units over approximately 8600 square feet of retail. Apartments feature hardwood flooring, stainless steel appliances, storage built-ins and in-unit washers and dryers. Residential tenants enjoy a private rear outdoor patio and secure entry via a state-of-the-art facial recognition system powered by the Swiftlane software and mobile app. The Harlan's first floor nightclub, restaurant, bar and performance/event spaces hearken back to a time of prohibition, speakeasies and the golden age of Hollywood. Houston Hospitality (www.houstonhospitalityla.com), a premiere LA nightlife operator and visionary, leases the entirety of the Harlan's retail spaces on a triple net basis with 3% annual increases. Across these unique spaces, Houston currently operates Madame Siam, an exclusive lounge and event space; Dirty Laundry, a speakeasy bar in the style of the 1920swith private rooms used often by celebrity and industry players and; Black Magic Rose, a magic-themed nightclub including a theater and tavern. Atop the Harlan is a recently re-engineered double-sided billboard leased to a best-in-class media group on revenue-share terms highly favorable to ownership. Overall, the asset is essentially turn-key, with roof, plumbing, HVAC, electrical replaced in the mid-2000s and a complete cosmetic upgrade performed in 2021-2022. Parking is provided via a license agreement with a nearby operator. Hollywood, a vibrant and iconic neighborhood in Los Angeles, is known as home to the global entertainment industry. Its iconic landmarks, including the Hollywood Walk of Fame, Grauman's Chinese Theatre, and the Hollywood Sign, are globally recognized symbols of the area. The neighborhood's diverse population is a captivating blend of cultures and lifestyles, attracting individuals from all walks of life. Hollywood's nightlife is equally vibrant, offering an array of bars, clubs, and live music venues. The area also boasts a diverse culinary scene, ranging from upscale eateries like Mother Wolf to casual hotspots like Roscoe's Chicken and Waffle House. Its ideal location, walkability, and easy access to public transport make this a highly sought-after neighborhood for renters. Just 6 miles from Downtown Los Angeles and 2.5 from West Hollywood, Hollywood attracts young professionals, creatives and affluent renters looking for a fun and amenity-rich neighborhood.

Location

State CA

County Los Angeles

Area Hollywood

Zoning LAC4

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Flooring Wood, Wood Laminate

Equipment Dishwasher, Refrigerator, Elevator, Dryer, Washer, Stackable W/D Hookup, Range/Oven, Freezer

Laundry In Unit

Exterior

Parking Features Other

Waterfront Description None

View Y/N Yes

View City, City Lights

Building

Story 4

Sewer In Street

Water District

Architectural Style Mediterranean

Level or Stories Multi/Split, Three Or More

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by CB Richard Ellis, Inc.

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Shawn Kormondy

+1(323) 638-7567

Agent | License ID: 01451888

Agent License ID: 01451888

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