Hollywood's Premier Landmark BuildingThe 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 presents an opportunity for a qualified investor to purchase a rare asset with both significant upside rental, appreciation, and extraordinary future development. J.C. Amber clothier provided decades of custom designs, tailoring, outfitting and clothing to Hollywood’s most famous entertainers, movies stars and musicians. The Cherokee Building is also home to Hollywood’s oldest and most famous Bar. Rich in Hollywood legacy spanning decades and decades of lore, legend and history. 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.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 (possibly Los Angeles) to be oriented around the automobile, predating Bullock’s Wilshire similar treatment”
|DAYS ON MARKET||308||LAST UPDATED||2/15/2022|
|Prior to Oct 4, '21||$18,250,000|
|Oct 4, '21 - Nov 16, '21||$1,700,000|
|Nov 16, '21 - Today||$17,000,000|
|AIR||Central Air, Evaporative Cooling|
|LOT DESCRIPTION||0-1 Unit/Acre|
|UTILITIES||Cable Connected,Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected, Electric: Electricity - On Property,Standard|
TOTAL MONTHLY PAYMENT
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Based on information from California Regional Multiple Listing Service, Inc. as of 7/7/22 6:13 AM PDT and /or other sources. 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
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