Active Under Contract

5640 Santa Monica Boulevard

Los Angeles, CA 90038
Mark as Favorite
Bed 0

Bed

Bath 0

Bath

SqFt57,664

Sqft

SqFt18,871

Sqft(Lot)

Introducing a prime investment opportunity in the heart of Hollywood! Located at 5640 Santa Monica Blvd, Los Angeles, CA 90038, this historic1927 property offers a unique blend of vintage charm and modern amenities. Comprising 177 units (176 studios and 1 one-bedroom, one bathroom),4 retail spaces, and a billboard, this mixed-use building presents significant income potential. Residents enjoy newly renovated units featuring granite countertops, charming kitchenettes, two-tone painted interiors, new black appliances, city views, cable readiness, window coverings, open floor plans, large windows for natural light, and ceiling fans. Community amenities include controlled access, parking for an additional fee, resident package retrieval lockers, bicycle parking, an elevator, off-street parking , on-site maintenance and management, public transportation access, recycling, and on-site retail stores. The building's prime location puts residents in close proximity to popular dining destinations like La Fonda Antioquena, Dave's Hot Chicken, Jitlada Restaurant, and Canter's Deli. Entertainment and cultural attractions abound, including The Hollywood Museum, Paramount Theatre, Barnsdall Art Park, and the American Cinematheque. Shopping and entertainment options are readily available at Ovation Hollywood, West Hollywood Gateway, Catalina's Supermarket, and Pavilions. The property is also conveniently located near major employers like Paramount Pictures Studio Tour and esteemed educational institutions such as Joseph Le Conte Middle School, STEM Academy Of Hollywood, Bernstein High School, and Hollywood Elementary School. This is a rare chance to own a piece of Hollywood history with exceptional potential for growth. Directly across from the subject property, the transformative Echelon Studios development is taking shape, a $450-million project by Bardas Investment Group and Bain Capital Real Estate. Spanning a full city block at 5601 Santa Monica Blvd, this state-of-the-art studio complex will feature nearly 500,000square feet of production studios and support space, alongside creative offices and retail, with completion slated for 2026. This cutting-edge campus, replacing a former Sears site, is poised to elevate the area's profile as a hub for entertainment and innovation, enhancing the value and appeal of nearby properties.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $24,000,000

AD Id : 63483744

MLS Id : 25515065

Lot Size : 18,871 Sqft

Living Area Size : 57,664

Year Built : 1927

County : Los Angeles

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Feature Features

  • Heating & Cooling

    Has Heating: Yes Heating: Wall Furnace Has Cooling: Yes Cooling: Wall/Window Unit(s)

  • Building Information

    Year Built: 1927
    Building Area Total: 57664
    Private Pool: No

  • Lot Information

    Main Square Feet: 18871 Lot Size Acres: 0.4332 Lot Size Square Feet: 18,871

  • Listing Price Information

    Listing Price: $24000000

  • Tax Information

    Parcel Number: 5536018022

  • Location Information

    Direction: Located between Van Ness Ave and Western Ave
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
5516 Virginia Avenue, Los Angeles, CA, 90038 $3,350,000 21 -- 11,550 11,550 SqFt
5540 Lexington Avenue, Los Angeles, CA, 90038 $2,225,000 8 -- 5,334 5,334 SqFt
1162 N St Andrews Place, Los Angeles, CA, 90038 $1,425,000 4 -- 3,024 3,024 SqFt
5633 La Mirada Avenue, Los Angeles, CA, 90038 $1,499,000 9 6 3,884 3,884 SqFt
5436 Romaine Street, Los Angeles, CA, 90038 $3,699,999 21 21 9,437 9,437 SqFt
5732 Lexington Avenue, Los Angeles, CA, 90038 $1,849,000 8 8 6,652 6,652 SqFt
1059 N Wilton Place, Los Angeles, CA, 90038 $939,000 3 2 1,272 1,272 SqFt
5741 Virginia Avenue, Los Angeles, CA, 90038 $3,995,000 20 21 11,599 11,599 SqFt
1032 N Ridgewood Place, Los Angeles, CA, 90038 $1,100,000 4 -- 1,744 1,744 SqFt
5802 Lexington Avenue, Los Angeles, CA, 90038 $1,199,000 3 2 1,340 1,340 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/11/2026 @ 11:35

MLS: 25515065 LISTED BY: Jeffrey Louks, Marcus & Millichap 818-212-2700 SOURCE: CRMLS

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