949-271-1170
, Los Angeles, CA for Sale
Retail - FOR SALE
1/5
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The Hollywood Collection
Los Angeles, CA
Hollywood


HIGHLIGHTS

  • Rare opportunity to acquire a Target, CVS Pharmacy, Marshalls, & LA Fitness anchored center on the world famous Hollywood Blvd.’s Walk of Fame.
  • 7021 Hollywood: Value-Creation Opportunity - Ability to implement a lease-up strategy, with approximately 25,366 SF of vacant space.
  • Peterson Building: Value-Creation Opportunity - Marshalls occupies 31,916 SF paying a below-market rent with a January 2026 lease expiration date.
  • Collateral Includes Subterranean Parking Structure - 7021 Hollywood features a multi-level parking structure.
  • Outstanding & Highly Visible Location - Approx. 400 feet of direct frontage along Hollywood Blvd., which receives approx. 10M visitors annually.

OVERVIEW

A generational investment opportunity, The Hollywood Collection is an iconic value-add urban retail asset that features best-in-class anchor tenants Target, Marshalls, CVS Pharmacy, and LA Fitness. Located in the heart of one of Southern California’s premier tourist destinations within the Hollywood Entertainment District and along the renowned Hollywood Walk of Fame, the property comprises approximately 180,797 square feet, and (7021 Hollywood) also features a multi-level subterranean parking structure. The Hollywood Collection is comprised of two components: 7021 Hollywood (Target, CVS, LA Fitness anchored) and The Peterson Building (Marshalls, LaLa Land). The two properties can be acquired separately or as a portfolio transaction. 7021 Hollywood PRICE: Submit Offer AS-IS NOI: $2,622,770. PRO-FORMA NOI: $3,852,788 BUILDING AREA: 119,481 SF OCCUPANCY: 79% The Peterson Building PRICE: Submit Offer AS-IS NOI: $2,287,228 STABILIZED NOI: $3,120,647 BUILDING AREA: 61, 316 SF OCCUPANCY: 100%

ASK ABOUT THIS PROPERTY

Aaron BettencourtREZA Investment Group, Inc.More Info
949-271-1170

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Aaron BettencourtREZA Investment Group, Inc.More Info
949-271-1170

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.