7611-7623 Sunset Blvd

Avison Young is pleased to offer to qualified buyers the opportunity to acquire the 100% fee simple interest in 7611-7623 Sunset Boulevard, a multi-tenant retail storefront building in the highly desirable Hollywood sub-market of the City of Los Angeles. The subject property consists of ±12,085 SF rentable building area situated on three parcels of land totaling 0.51 Acres (±22,265 SF). The improvements consist of two retail storefront buildings divided by a driveway leading to courtyard parking with additional parking at the rear of the property. The first building, 7611 Sunset is a ±3,725 SF single story storefront retail building constructed in 1934 featuring ±45 SF of frontage along Sunset Blvd and the second, 7615-7623 is a single story ±8,843 SF building with rod iron outdoor patio space. This asset is ideally located on the world famous Sunset Boulevard, a heavily trafficked commercial thoroughfare home to famed music and entertainment venues, movie studios, high-end retail, bars and restaurants, with ±41,750 vehicle trips per day. The property has excellent street visibility, two points of ingress / egress with ±15 surface spaces or 1.23 per 1,000 SF and ample off site street parking. The offering provides an excellent opportunity for an investor looking to take advantage of the asset’s prime location and upside in cashflow or for an owner/user to occupy 4,400 SF former Samuel French Bookshop Space.