Description
This prime income-producing commercial asset is located on an approximately 19,011 SF lot and is improved with three buildings totaling ±9,747 SF. The property offers fully stabilized cash flow, long-term investment durability, and strong underlying land value along one of Hollywood’s most active commercial corridors. The property is 100% leased and generates an estimated stabilized NOI of approximately $278,000 annually. The tenant mix includes a furniture store, bar, and lounge, providing diversified income streams across retail and nightlife uses while benefiting from strong corridor visibility and established consumer traffic. Situated along a high-traffic commercial corridor, the property benefits from excellent visibility, prominent street exposure, and convenient access, supporting consistent tenant performance. The site is zoned FH-2, allowing for a wide range of permitted uses, including retail, restaurant, office, showroom, nightlife, and mixed-use, preserving future repositioning and redevelopment flexibility. This offering is well-suited for investors seeking a fully stabilized, income-producing asset with zoning optionality and strong tenant demand in a supply-constrained market.
School Ratings & Info
Description
This prime income-producing commercial asset is located on an approximately 19,011 SF lot and is improved with three buildings totaling ±9,747 SF. The property offers fully stabilized cash flow, long-term investment durability, and strong underlying land value along one of Hollywood’s most active commercial corridors. The property is 100% leased and generates an estimated stabilized NOI of approximately $278,000 annually. The tenant mix includes a furniture store, bar, and lounge, providing diversified income streams across retail and nightlife uses while benefiting from strong corridor visibility and established consumer traffic. Situated along a high-traffic commercial corridor, the property benefits from excellent visibility, prominent street exposure, and convenient access, supporting consistent tenant performance. The site is zoned FH-2, allowing for a wide range of permitted uses, including retail, restaurant, office, showroom, nightlife, and mixed-use, preserving future repositioning and redevelopment flexibility. This offering is well-suited for investors seeking a fully stabilized, income-producing asset with zoning optionality and strong tenant demand in a supply-constrained market.
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