$19,759,000
6646 Hollywood Boulevard
Los Angles, CA 90020

 Hollywood's Premier Landmark Building
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 is approximately 27,000 square foot (not including mezzanines) which rents to businesses such as: retail, office, and world famous Boardner's Restaurant and Nightclub.  Situated on over 17,000 square feet of land on the south east corner of Hollywood Blvd and Cherokee Ave.  There is over $5.3 Billion in current and near term development projects within 3 miles of The Cherokee Building.
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. 




Corner of Hollywood Blvd. and Cherokee.
One of only two billboards on Hollywood Blvd.
Interior hallways, unbelievable architectural detail from days gone past.
Outdoor patio, stage, and nightclub for Boardner's Restaurant and Nightclub.
Entry off Cherokee where old movie stars would drive Model Ts into motorpool at nightclub.
Bar at Boardner's.  Still feels like old Hollywood.
Hollywood Walk of Fame directly in front of building.
Looking down Cherokee, side of building.  Entrance to Boardner's Restaurant and Nightclub.
Note the original architectural detail, very much present both on Cherokee and Hollywood Blvd.
World famous Kodak Theatre, just a few blocks away.
Hollywood's oldest restaurant right across the street!
Kress Nightclub and Restaurant, a few doors down.
El Capitan Theatre, a few blocks away.
Pantages Theatre
Capitol Records
Hollywood Bowl
Hollywood Roosevelt Hotel
Click thumbnails for larger image
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"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 (and possibly Los Angles) to be oriented around the automobile, predating Bullock’s Wilshire similar treatment” (Hollywood Revitalization, 1978).
  • 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.
  • Hollywood and Highland Center
  • Dolby Theatre
  • El Capitan Theatre
  • W Hollywood Hotel
  • Pantages Theatre
  • Grauman's Chinese Theatre
  • Egyptian Theatre
  • Hollywood Roosevelt
  • Madame Toussard's Museum
  • Walk of Fame
  • Hollywood Bowl
  • Greek Theatre
  • Griffith Park Observatory
  • The Gap
  • H&M
  • American Apparrel
  • Urban Outfitters
  • Sephora
  • Fredericks of Hollywood
  • Guess
  • Zara
  • Louis Vuitton
  • Virgin Mega Store
  • Victoria's Secret
  • Polo Ralph Lauren
  • Pig N' Whistle
  • Mood
  • Geisha House
  • The Ivar
  • The Highlands
  • Musso & Frank Grill
  • Miceli's
  • El Adobe
  • Lucky Strike Lanes
  • Pinkberry
  • Katsuya
  • Starbucks
  • California Pizza Kitchen
  • Very, By Wolfgang Puck
  • Garden of Eden
  • Cabana Club
  • Highlands Night Club
  • King King
  • Vogue Supper Club
  • Hard Rock Cafe
  • Beso
  • Dillon's Irish Pub
  • For additional restaurants please visit: Yelp
Grauman's Chinese Theatre
Hollywood & Highland
W Hotel
George Takis
Keller Williams Palos Verdes Realty
(310) 698-2568
       gtakis@kw.com
Property Highlights
  • Two story mixed use building.
  • Approximately 30,000 square feet of improvements.
  • Approximately 17,224 square feet of land.
  • 6 Retail Tenants plus Boardner's Bar and Restaurant.
  • 22 offices on the second story.
  • Prime opportunity to develop up to a height of 40 feet without historical barriers.
  • Beautiful open Spanish courtyard/patio in the southern portion of the property.
  • 121 feet of street frontage along Hollywood Blvd.
The Hollywood Story – Past and Present
Hollywood is rapidly ascending into the defining urban core of Los Angeles. As a result of a huge, decade long, public investment in infrastructure (including a dominant presence on the metrorail), Hollywood is undergoing a profound renaissance which promises to fulfill its extraordinary potential. Real estate stories rarely read like this one. The brand name of Hollywood is an unparalleled location in the very center of Los Angeles.  The anchor of the entertainment industry, Hollywood is also a regional leader in healthcare, a huge tourism business, and has emerged as Los Angeles's most important nightlife destination.  There are literally dozens of new, hip and trendy, cafes, bars, restaurants and nightclubs.  These values help to drive an urban environment, which features historically compelling architecture, and plenty of underdeveloped parcels zoned for high-rise, high-density projects.

Political Will and Community Support
Hollywood benefits from almost across-the-board governmental consensus and support for redevelopment. The area enjoys broad-based grass roots community support for redevelopment. Hollywood has a strong Chamber of Commerce and four highly successful property owner-based Business Improvement Districts (BID).

Physical Infrastructure and Land Use Policies Support High Density Urban Developments
Hollywood is on its way to bolstering its reputation as one of the most recognized brands in the world.  In New York style, Hollywood benefits from a true urban grid, supporting a pedestrian friendly walking community.  There are many high-density mixed-use projects promoted by the planning department and Mayor's office, especially near metrorail protals.

Hollywood's Redevelopment Market
Hollywood currently has at least twenty grand-scale redevelopment projects announced or underway, totaling $5.3 Billion.  The projects currently underway include: “Sunset & Vine,” “Cinerama Dome,” “Blvd 6200,” “6230 Sunset Boulevard,” “5295 Sunset Blvd,” and the “Pali House,” to name a few.  The city also has at least thirteen grand-scale building renovation projects underway, including: the “Capitol Records Building,” “Millennium Project,” “TV-Guide Building,” “Hollywood Plaza Building,” “El Capitan Theater and Office Building,” and the “Selma Hotel.”
  • 141 feet along Cherokee Ave.
  • Built in 1927, by famed architect Norman Alpaugh.
  • Long term ownership approximately 40 years.
  • Priced at $625 per square foot including mezzanines.
  • Average rents: $2.50 per square foot.
  • Current Market Projections: $4 to $5 per square foot.
  • Concrete and steel construction.
  • Spanish colonial revival design.