Landmark Avalon Theatre in Hollywood Sells for $15.75M

LOS ANGELES (Sept. 24, 2025) Coldwell Banker Commercial Real Estate Solutions is proud to announce the $15.75 million sale of Hollywood’s Avalon Theatre, which has been home to stage shows, television shows and music for close to a century.

This is the first time that the Avalon Theatre has changed hands in 50 years. Originally built in 1927, the Avalon Theatre is designed in the Spanish-Baroque style.  The theater has hosted variety television shows hosted by Bob Hope and Merv Griffin, as well as musicians such as Madona, the Rolling Stones and Olivia Newton-John.

Jason Lamoreaux, president of Coldwell Banker Commercial Real Estate Solutions, represented both the seller, Ligny LLC, and the buyer, Insomniac Entertainment. “The Avalon is a landmark Hollywood theater and the buyer, Insomniac Entertainment, intends to continue that legacy,” said Lamoreaux.

The Avalon Theatre is located at 1735 Vine St. in Hollywood. The two-story, 33,400 square-foot theater occupies a .42-acre property.

For more information, contact Jason Lamoreaux at (760) 684-8008 or JL@CBCinland.com. Coldwell Banker Commercial Real Estate Solutions listings can be viewed at https://www.cbcinland.com/.

About Coldwell Banker Commercial Affiliates

Coldwell Banker Commercial Real Estate Solutions, an affiliate of Coldwell Banker Commercial®, provides commercial real estate solutions serving the needs of owners and occupiers in the leasing, acquisition and disposition of all property types.  With a collaborative network of independently owned and operated affiliates, the Coldwell Banker Commercial organization comprises of nearly 200 independently owned and operated affiliates as well as owned brokerage and more than 3,000 professionals in 40 countries. For additional information, visit www.cbcworldwide.com.  

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Media Contact:
Kevin J. Guhl, kevin.guhl@cbrealty.com 
973-407-5916


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