0.39 Acres Lot
0.39 Acres Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25100919
HOA Y/N No
Year Built 1927
Annual Tax Amount $29,422
Tax Year 2021
Lot Size 0.394 Acres
Property Sub-Type Mixed Use
Property Description
The Cherokee Building has been a Hollywood landmark since its original construction in 1927 and is famous for being one of Hollywood's first major retail buildings with an interior motor court. Located in the heart of Hollywood, 3 blocks east of Hollywood Blvd. and Highland Ave. and 4 blocks west of Vine St. The Cherokee Building offers an investor a rare and unique opportunity to acquire a trophy property with an unparalleled 121 feet of frontage along Hollywood Blvd.
The Cherokee Building presents an opportunity for a qualified investor to purchase a rare asset with both significant upside rental, appreciation, and extraordinary future development. J.C. Amber clothier provided decades of custom designs, tailoring, outfitting and clothing to Hollywood's most famous entertainers, movies stars and musicians. The Cherokee Building is also home to Hollywood's oldest and most famous Bar. Rich in Hollywood legacy spanning decades and decades of lore, legend and history.
Located in the heart of Hollywood 3 blocks east of Highland Ave. and four blocks west of Vine St. On a signaled corned in the core of Hollywood Boulevard's booming tourist market, surrounded by office buildings, high end restaurants, retail, night clubs, and new residential and commercial developments. One of Hollywood's most highly traveled thoroughfares averaging almost 14,000 cars per hour! The Cherokee Building not only benefits from the incredible exposure and visibility Hollywood Blvd offers, but also the fantastic walking traffic generated by the millions of tourists who visit Hollywood every year. Near Gene Autry's and James Caan's stars along the famous Hollywood Boulevard Walk of Fame. Stop number 34 on Hollywood's walking tour.
This structure is another fine example of the Spanish Colonial Revival Style building on Hollywood Boulevard. Norman W. Alpaugh was a Canadian Architect who moved to Los Angeles; he also designed buildings in New York. The delicacy of the grillwork and Moorish detail give this building a warmth and attractiveness that is unsurpassed. The enclosed interior courtyard with tiled fountain captures the romantic feeling of Spain, and is unusual for commercial buildings in Hollywood. Designed around a parking lot, with an elaborate rear entrance, this structure is one of the earliest structures in Hollywood (possibly Los Angeles) to be oriented around the automobile, predating Bullock's Wilshire similar treatment”
Location
State CA
County Los Angeles
Area C20 - Hollywood
Interior
Heating Forced Air
Cooling Central Air, Evaporative Cooling
Inclusions Mezzanine
Fireplace No
Laundry None
Exterior
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Roof Type Flat,Rolled/Hot Mop
Building
Lot Description 0-1 Unit/Acre
Story 2
Water Public
Others
Tax ID 5547015031
Security Features Closed Circuit Camera(s)
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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