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Real Estate Listing at 5640 Santa Monica Boulevard, Los Angeles, CA, 90038 from The Knight Group LA

5640 Santa Monica Boulevard, Los Angeles, CA, 90038

The Knight Group LA
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$24,000,000
14 Days On Site

5640 Santa Monica Boulevard
Los Angeles, CA 90038

For Sale|Residential Income|Active
0
Beds
0
Full Baths
0
Partial Baths
57,664
SqFt
$416
/SqFt
1927
Built
County:
Los Angeles
Call Now: 503.200.4823
Is this the home for you? We can help make it yours.
503.200.4823
5640 Santa Monica Boulevard5640 Santa Monica Boulevard5640 Santa Monica Boulevard5640 Santa Monica Boulevard
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Monthly Payment (Est.)

$109,498
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

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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Listing Snapshot
Price 
$24,000,000
Days On Site 
14 Days
Bedrooms 
N/A
Inside Area (SqFt) 
57,664 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.4332 Acres
Year Built 
1927
MLS® Number 
25515065
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
0.4332
Number Of Stories 
4
Parking 
None
Parking Spaces 
63
Special Circumstances 
Standard
SqFt Total 
57664
Stories 
Multi/Split
Zoning 
LAC2
Interior Features
Cooling 
Wall/Window Unit(s)
Heating 
Wall Furnace
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Community Features
MLS Area 
C20 - Hollywood
Listing courtesy of Jeffrey Louks of Marcus & Millichap
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Based on information from the The MLS as of 2025-04-04 10:16 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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