Property Details


Executive Summary


DOWNLOAD OFFERING MEMORANDUM

The Neema Group of Marcus & Millichap is pleased to present 6700 Melrose Ave, a unique owner-user opportunity in Hollywood between N Highland Ave & N La Brea Ave, a highly visible location on a main thoroughfare and within a submarket with a plethora of new development and high-end amenities

The current structure totals 3,373 SF used as an office building with a gated entrance, professional lobby, conference room, four private offices, a bullpen area, multiple storage areas, three bathrooms, and a private outdoor deck; the lot size is 8,800 SF and there are eight tandem parking spaces at the rear of the property (16 spaces total)

The property can be delivered vacant at the close of escrow; although the existing use is office, the C2-1XL zoning allows for alternative uses such as retail, theater, broadcast studio, among others (buyer to verify); there is also residential redevelopment potential

Rare opportunity to acquire a freestanding building in a prime Hollywood location with the ability to occupy and renovate immediately

Located within walking distance to many prominent restaurants such as Osteria Mozza, Meteora, Chi Spacca, and Petit Trois, among others

6700 Melrose Ave is located within a highly desirable submarket to both work and live evidenced by major employers in the area such as Paramount Studios, Ticketmaster, HBO, and Showtime, and new and proposed residential developments nearby such as 7100 Melrose Ave, 700 N Highland Ave, and 6101 Melrose Ave

Area Overview

Nestled in the heart of Los Angeles, Hollywood, California is a beacon of creativity and culture that has attracted millions of tourists from all over the world. This world-renowned destination is an iconic representation of America’s film and entertainment industry, where many aspiring artists go to chase their dreams and leave their mark on the world.

Home to some of the most iconic landmarks in the world such as the Hollywood Walk of Fame and the iconic Hollywood Sign, Hollywood California is truly an extraordinary place to visit. From classic cinemas to contemporary art galleries, visitors can experience an eclectic mix of entertainment that encapsulates the glamour and beauty of this dynamic and unique city.

Whether you want to take a walk on the historic Sunset Boulevard, pay homage to your favorite stars at the TCL Chinese Theatre, or explore the expansive array of high-end boutiques on Rodeo Drive, Hollywood California has something for everyone. The famous Santa Monica Beach is also a short distance away, where you can soak up the California sunshine, go surfing, or enjoy a beach-side picnic.

Beyond the dazzling neon lights, Hollywood California also boasts a vibrant food and nightlife scene, with world-class restaurants and bars to tantalize the taste buds of even the most discerning traveler. Here, you’ll discover culinary delights ranging from authentic Mexican cuisine to experimental fusion fare.

Hollywood California is truly an iconic city that has earned its place in the history books. It’s an inspiring destination for anyone looking to embrace the world of film, entertainment, and creativity while immersing themselves in the allure and magic of the city that never sleeps. Come and discover Hollywood for yourself – you’ll be sure to leave with memories that last a lifetime.

DOWNLOAD OFFERING MEMORANDUM

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