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24676789
24676790

5251 Hollywood Blvd, Los Angeles, CA 90027 For Sale

AH
CA CA 01869453
RE/MAX Premier Properties
Listed by RE/MAX Premier Properties
$7,300,000
1852 days on market
Updated 1 day ago

5251 Hollywood Blvd

Details
Property Type Hospitality
Sub Type Motel
Square Footage 9,939
Keys 26
Price per SqFt $734
Broker Co-Op Yes
Year Built 1947
Stories 2
Lot Size (SqFt) 14,574
Zoning LAC2
Ground Lease No

On the Major Street

Marketing description

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 Sq Ft Parcel Land, Dimension 68 X 215, Zoned LAC2, Currently an operating motel with 25 guest rooms + manager unit, 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 Sq Ft 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!

Investment highlights

  • Best Tourism Destination in Los Angeles
  • High Population Density
  • Value-Add Opportunity
  • Conveniently Located near Metro Stations
  • TOC Tier 3 Zoning

Listing Contacts

AH
CA CA 01869453
RE/MAX Premier Properties
Listed by RE/MAX Premier Properties

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Additional Information

Name
Allison Huang
License
CA 01869453
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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