5251 Hollywood Boulevard Los Angeles, CA ^$ 8,500,000

5251 Hollywood Boulevard

^$ 8,500,000

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Recently Listed

5251 Hollywood Boulevard

Los Angeles, CA, 90027

^$ 8,500,000

Studio Baths0.0 Sq 9,939

Monthly Estimate*

^$ 56,494

Listed by Keller Williams Downtown LA

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Studio

Commercial Property for sale in Los Angeles, CA

for $8,500,000. This 9,939 square foot building was built in 1947 on a lot size of 0.3347.

Future Exceptional Development Opportunity! The one and only designated "Thai Town" in the United States, Located in the heart of Thai Town Hollywood. The two story Commercial Building, situated on a 14,575 sqft Parcel Land, Dimension 68 X 215, Zoned LAC2, Currently an operating motel with 27 guest rooms, nearby the famous Thailand Plaza. Highlights & Amenities include the Hollywood/Western Metro Station, Hollywood Bowl, Griffith Observatory, Sunset Bronson Studios, and many famous thai cuisine restaurants and bars. Lastly, One of the biggest developments nearby is the most anticipated Hollywood Sunset Target recently opened, covering 143,000 sqft retail space. Currently with over 35 developments underway or in planning stages in Hollywood, ranging from Hotels, Mix-use buildings, Retails and Offices. This Opportunity will not LAST!

Commercial Active

Price

^$ 8,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.3347

Year Built

1947

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24390887

Days on Market

Features

General

Zoning LAC2

HOA 0.0

Security Features GatedCommunity

Year Built 1947

Community Features Gated

County Los Angeles

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Google Maps - Corner of Harvard and Hollywood Blvd.

City Los Angeles

View Y/N N

Senior Community Y/N N

Total Units 26

MLS Area C20 - Hollywood

Lot Size Square Feet 14579.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Hollywood

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 0

Standard Status Active

Exterior

Total Parking 0.0

Lot Size Area 14579.0

Spa N

Building Area Total 9939.0

Lot Dimensions 68x215

Lot Size Acres 0.3347

Lot Size Units SquareFeet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Boulevard

Electric On Property Y/N N

Total Baths 0

Internal Only

Street Number 1 5251

* Excluded Features

List By

Keller Williams Downtown La

Broker

(626) 203-9693

Phone

Affordability Calculator

$56,494

Per Month

Monthly Principal & Interest: $56,494
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Los Angeles, CA

Average List Price ^$2,260,644

Percent of Sale Price 73%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
5/11/2024	$8,500,000		Listed Price

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5251 Hollywood Boulevard, Los Angeles, CA, 90027 is a Commercial Property for sale at $8,500,000 with 9,939 sqft and a lot size of 0.3347. 5251 Hollywood Boulevard is a studio with 0.0 baths and was built in 1947. The property's zip code is 90027 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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5251 Hollywood Boulevard

Commercial Property for sale in Los Angeles, CA

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