Mohr Real Estate Group

Mohr Real Estate Group

6533 Hollywood Boulevard Los Angeles CA 90028 MLS #24431369

6533 Hollywood Boulevard
Los Angeles, CA, 90028
$26,000,000
Beds
0 Baths
SqFt
0.36 Acres
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$26,000,000
6533 Hollywood Boulevard
Los Angeles, CA, 90028
MLS #24431369 img 0MLS #24431369 img 1MLS #24431369 img 2MLS #24431369 img 3MLS #24431369 img 4MLS #24431369 img 5MLS #24431369 img 6

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.

Property Details

Price:
$26,000,000
MLS #:
24431369
Status:
Active
Baths:
0
Address:
6533 Hollywood Boulevard
Type:
Residential Income
Neighborhood:
c20hollywood
City:
Los Angeles
Listed Date:
Aug 23, 2024
State:
CA
ZIP:
90028
Lot Size:
15,577 sqft / 0.36 acres (approx)
Year Built:
1920

Schools

Interior

Appliances
Dishwasher, Refrigerator
Cooling
Central Air
Flooring
Wood
Heating
Central

Exterior

Parking Spots
0.00
Security Features
24 Hour Security, Automatic Gate, Card/ Code Access, Fire Sprinkler System, Fire and Smoke Detection System
Sewer
Other
Stories Total
4
View
City Lights
Water Source
Public

Financial

Tenant Pays
Gas, Electricity, Water, Trash Collection
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6533 Hollywood Boulevard
Los Angeles, CA
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