Investment Overview

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 developments. 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, and multiple storage areas. A rare opportunity to acquire a freestanding building in a prime Hollywood location with the ability to occupy and renovate immediately. 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. 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