1617 N Cahuenga Blvd, Los Angeles, CA 90028 For Sale

Neighborhood Landmarks & Strategic Location

• Located in the heart of Hollywood, this property is near some of the area’s most recognized destinations, including the Hollywood Walk of Fame, the Dolby Theatre (home of the Academy Awards), El Capitan Theatre, and Musso & Frank’s, Hollywood’s longest-operating restaurant.

• It is also close to major transportation and entertainment hubs, including the Hollywood/Vine Metro Station, Ovation Hollywood, Pantages Theatre, Sunset & Gower Studios, Capitol Records, Hollywood Palladium, and the Hollywood Bowl.

• Situated on a block that blends character with contemporary Hollywood energy, this location offers high visibility in a corridor well-known for entertainment, nightlife, and tourism — making it a prime spot for businesses seeking exposure in one of Los Angeles’ most active areas.

Hollywood Investment / Owner-Operator Opportunity

• Opportunity Zone – Investment Consideration - This property is located within a designated Opportunity Zone, which may provide tax incentives to qualified investors, including potential capital gains deferral and long-term tax benefits.

• The designation can make the property attractive to investors evaluating financial efficiencies and long-term planning strategies.

• Own a revenue-generating hotspot in the heart of Hollywood, where nightlife, entertainment, and foot traffic converge. The ground floor hosts two established bar concepts currently home to The Hotel Café, celebrated as one of LA’s most iconic live music venues and the Burgundy Room.

• Upstairs, 7,500 sq ft of hospitality space offers 21 rooms — 10 with private baths and 11 sharing two hall bathrooms — providing steady income with upside potential.

• This property is perfect for an owner-operator or visionary investor ready to capitalize on Hollywood’s energy and transform this unique asset into a premier destination.

• This property generates income from day one while offering significant potential for a visionary owner. With leases expiring between December 2025 and February 2026, a new owner has the chance to reimagine the space, reposition tenants, and maximize revenue through creative strategies and fresh concepts.

Dynamic Opportunity for Owner-Users and Value-Add Investors

• This property presents a high-value opportunity for owner-users or investors looking to capitalize on a well-located asset with strong long-term potential. Its flexible layout and strategic location support a variety of business or investment strategies, offering room for creative repositioning or enhancement.

• Well-suited for businesses looking to establish themselves in a bustling commercial corridor, and for investors seeking to unlock value through repositioning or redevelopment, this property may also qualify for SBA financing, making it an enticing opportunity for new owner-operators.

Current Tenants

• Ground Floor – Hotel Café: A legendary music venue for 25 years, this space is ready for a new concept to take the stage and capitalize on its iconic reputation and high foot traffic.
  
  

• Ground Floor – The Burgundy Room: One of Hollywood’s longest-standing bars, continuing to attract a dedicated crowd and vibrant nightlife energy.
  
  

• Upstairs – West Inn Hotel: A 7,500 sq ft hospitality space with 21 rooms — 10 with private baths and 11 sharing two hall bathrooms — providing established revenue with room for creative repositioning.
  
  

This tenant mix offers a blend of income and creative potential, giving a new owner the opportunity to reimagine and elevate the property in one of Hollywood’s most dynamic corridors.

Zoning

Zoned C4-D2-SN in a vibrant pocket of Hollywood currently experiencing significant growth, this property accommodates a range of commercial uses. Current operations include a hotel, gallery, bar, and music venue, demonstrating the site’s versatility. All potential uses are subject to buyer verification and city approvals. This property’s location in a designated Opportunity Zone adds a strategic layer for investors considering potential tax benefits.

Disclaimer:

The information contained in this description is for general informational purposes only and is deemed reliable but not guaranteed. Prospective buyers should independently verify all material facts, including zoning, square footage, lot size, frontage, tenancy, number of rentable rooms (21 total, 10 with en suite bathrooms, 11 sharing 2 hall bathrooms), number of bars (2 on the ground floor), building condition, income, and other details. The seller and its agents make no representations or warranties, express or implied, as to the accuracy, completeness, or future performance of the property. All details are subject to change, and the property may be sold, modified, or withdrawn at any time without notice. Buyers are strongly encouraged to confirm zoning, permitted uses, and suitability for their intended purpose prior to making any decision.