Gas Station & Land for Redevelopment

Hollywood, CA
Los Angeles County

Asking Price: Annual Revenue:
Not Disclosed Not Disclosed

Automotive & Boats: Gas Stations

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RE: Gas Station & Land for Redevelopment Broker: Bill Verret
License #: 01874874

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1969
Employees: Not Disclosed
BBN Listing #: 602938363
Broker Reference #: ORANGCA001-N1528

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Business Overview:

This top Hollywood potential redevelopment site is currently operated as a gas station but the opportunity to redevelop for higher value uses are very compelling. The site consists of C-4 zoning totaling approximately 26,000 square feet. Great opportunity for potential hotel, timeshare, multi-family, retail, mixed use or other commercial developments. The Property is located next to the Loews Hotel on the highly trafficked corner of Highland Avenue and Franklin Avenue. Nearby famous theaters include, the Chinese Theater, El Capitan Theater, and Dolby Theater. Other nearby tourist sites include the Hollywood Bowl, the Roosevelt Hotel,Hard Rock Café, Ripley's Believe it or Not, Madame Tussauds, the Hollywood Museum and the Hollywood & Highland Center with an array of top stores, restaurants, bowling, movies, and more. It is also a block away from the major intersection of Hollywood Blvd and Highland Ave with easy access to the 101 freeway.

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Property Features and Assets:

Real Estate License ID: 01874874

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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