At the first time I saw this slide I was very confused about the right place. I’ve never been in Los Angeles in my life, so I spent around 20 minutes to find the right place of this photo.
Originally it is in color but due the bad conditions of this very old slide I decided to publish it in black and white. The date is december 1952.
You can see in the photo two famous buildings from this area: The Hollywood United Methodist Church in the middle and the Hollywood First National Building at the right side.
And below, the same place from 1952 at Google Street View. I believe the photo above is located in the corner of North Highland Avenue with Sunset Boulevard. Have a look: