The owners of the Magic Castle and the Japanese mansion that houses the Yamashiro restaurant are looking for someone interested in buying the landmarks and the surrounding 10-acre hilltop property.
The buyer would get a valuable piece of land located just above Grauman's Chinese Theatre, the Hollywood Walk of Fame and other tourist attractions.
The property owners have no asking price, but instead are waiting to see what kind of offers they get.
The Magic Castle, which resembles a French chateau, is the headquarters of the Academy of Magical Arts. The structure also home to a hotel and restaurant featuring magic shows.