5640 Santa Monica Boulevard, Los Angeles, CA 90038
Local realty services provided by:ERA North Orange County Real Estate
5640 Santa Monica Boulevard,Los Angeles, CA 90038
$24,000,000
- - Beds
- - Baths
- 57,664 sq. ft.
- Multi-family
- Active
Listed by:jeffrey louks
Office:marcus & millichap
MLS#:25515065
Source:CRMLS
Price summary
- Price:$24,000,000
- Price per sq. ft.:$416.2
About this home
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.
Contact an agent
Home facts
- Year built:1927
- Listing ID #:25515065
- Added:193 day(s) ago
- Updated:September 26, 2025 at 10:46 AM
Rooms and interior
- Living area:57,664 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnance
Structure and exterior
- Year built:1927
- Building area:57,664 sq. ft.
- Lot area:0.43 Acres
Finances and disclosures
- Price:$24,000,000
- Price per sq. ft.:$416.2
New listings near 5640 Santa Monica Boulevard
- New$950,000Active4 beds 2 baths2,118 sq. ft.
5851 La Mirada Avenue, Los Angeles, CA 90038
MLS# 25599967Listed by: COMPASS - New$529,999Active2 beds 2 baths1,210 sq. ft.
1053 W Gage Ave, Los Angeles, CA 90044
MLS# CV25229552Listed by: EXP REALTY OF SOUTHERN CALIFORNIA INC - New$1,475,000Active-- beds -- baths3,096 sq. ft.
1036 S Citrus Avenue, Los Angeles, CA 90019
MLS# TR25219176Listed by: RE/MAX TOP PRODUCERS - New$1,188,000Active2 beds 2 baths1,497 sq. ft.
440 Veteran Avenue #101, Los Angeles, CA 90024
MLS# WS25124357Listed by: REAL 1 CONNECTION - New$529,999Active2 beds 2 baths1,210 sq. ft.
1053 W Gage Ave, Los Angeles, CA 90044
MLS# CV25229552Listed by: EXP REALTY OF SOUTHERN CALIFORNIA INC - New$1,249,000Active3 beds 3 baths1,932 sq. ft.
1935 W 76th Street, Los Angeles, CA 90047
MLS# DW25229404Listed by: VIP RE FIRM - New$765,000Active4 beds 3 baths1,623 sq. ft.
7056 Natick, Van Nuys, CA 91405
MLS# OC25226551Listed by: EXP REALTY OF CALIFORNIA INC - New$479,000Active2 beds 2 baths916 sq. ft.
13095 Hubbard Street #1, Sylmar, CA 91342
MLS# SR25228906Listed by: RECAP PROPERTIES - New$625,000Active3 beds 2 baths1,495 sq. ft.
4080 Via Marisol #127, Los Angeles, CA 90042
MLS# WS25228658Listed by: COMPASS-PASADENA - New$699,998Active3 beds 2 baths1,008 sq. ft.
134 W 113th, Los Angeles, CA 90061
MLS# DW25227975Listed by: REAL CONSULTANTS MORTGAGE REAL