The package was deemed safe by bomb experts on the field at about 6:45 p.M., a spokesman for the Los Angeles County Sheriff's Department confirmed People magazine.
The spokesman said a black backpack was reported leaning on the train tracks of the Hollywood/Highland station, which lies directly underneath the busy Hollywood landmark.
The El Captain Theatre and TCL Chinese Theatre were also evacuated as a result of the bomb scare, the spokesman said.
The street will be closed beginning on February 19, between Highland Avenue and Orange Drive, according to The Hollywood Reporter.