Opening page…
Active
- Listed price
- $7,300,000
- Listed Mar 12, 2025
- Last sold price
- No recorded sale
14,579 sqft lot|1947 Built|519 MLS days on market
5251 Hollywood Blvd, Los Angeles, CA 90027
Property Description
Future exceptional development opportunity! The one and only designated "Thai Town" in the United States, located in the heart Thai Town Hollywood. The two story commercial building, situated on a 14,575 sqft. parcel land. Dimension 68 X 215, zoned LAC2. Currently an operating motel with 25 guest rooms + manager unit, nearby the famous Thai Plaza. Amenities and Highlights include the Hollywood/Western Metro Station, Hollywood Bowl, Griffith Observatory, Sunset Bronson Studios, Netflix, and many famous thai cuisine restaurants and bars. Lastly, one of the biggest developments nearby is the most anticipated Hollywood Sunset Target recently opened, covering 143,000 sqft. retail space. Currently with over 35 developments underway or in planning stages in Hollywood, ranging from Hotels, Mixed-use Buildings, Retails and Offices. This opportunity will not last!
Listing agent: Tim PengDRE #01986626timpeng@kw.com, Listing office: Keller Williams Los Angeles
MLS data updated 10/26/2026, 3:30:18 PM PT
Source: CRMLSMLS #: 25514095
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Latest asking price$7,300,000
Mar 12, 2025
Available records12025
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$7,300,000Original asking price · Mar 12, 2025ZIP 90027 · Mar 2025
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 1 price recordsMar 12, 2025 – Mar 12, 2025
ZIP 90027 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.