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$1,390,000
Est. payment /mo
6,442 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26138139
HOA Y/N No
Year Built 2005
Tax Year 2025
Lot Size 6,442 Sqft
Property Sub-Type Retail
Property Description
Exceptional investment and owner-user opportunity on highly visible Beverly Boulevard.
This corner retail property features 3 storefront units currently occupied by a single tenant on a month-to-month lease, offering rare flexibility for investors and owner-users alike. The existing tenant can remain in place for immediate income or the property may be delivered vacant, creating multiple repositioning strategies.
In addition to the occupied retail space, the property includes a separate freestanding retail building currently vacant and ideal for an owner-user, boutique retailer, cafe concept, office showroom, or additional rental income. Market rent projections for the vacant building provide further upside potential. An on-site billboard lease generates additional passive income, creating a diversified revenue stream rarely found in assets of this size.
Located along one of Los Angeles busiest commercial corridors, the property benefits from exceptional visibility, strong traffic counts, dense surrounding population, and convenient access to Downtown Los Angeles, Koreatown, Silver Lake, and Echo Park.
Whether you're an investor seeking flexibility and value-add potential or an owner-user looking to establish a presence in a high-exposure location while collecting income from the remaining components of the property, this offering presents a unique opportunity in a supply-constrained market.
Property Highlights: Beverly Blvd corner location. Billboard income in place. Three retail units occupied by one tenant. Tenant currently month-to-month. Potential to deliver occupied or vacant. Separate freestanding retail building. Vacant owner-user opportunity. Additional rental upside from vacant building. Excellent street visibility. Strong daily traffic counts. On-site parking. Opportunity Zone location. Flexible investment or owner-user use.
This corner retail property features 3 storefront units currently occupied by a single tenant on a month-to-month lease, offering rare flexibility for investors and owner-users alike. The existing tenant can remain in place for immediate income or the property may be delivered vacant, creating multiple repositioning strategies.
In addition to the occupied retail space, the property includes a separate freestanding retail building currently vacant and ideal for an owner-user, boutique retailer, cafe concept, office showroom, or additional rental income. Market rent projections for the vacant building provide further upside potential. An on-site billboard lease generates additional passive income, creating a diversified revenue stream rarely found in assets of this size.
Located along one of Los Angeles busiest commercial corridors, the property benefits from exceptional visibility, strong traffic counts, dense surrounding population, and convenient access to Downtown Los Angeles, Koreatown, Silver Lake, and Echo Park.
Whether you're an investor seeking flexibility and value-add potential or an owner-user looking to establish a presence in a high-exposure location while collecting income from the remaining components of the property, this offering presents a unique opportunity in a supply-constrained market.
Property Highlights: Beverly Blvd corner location. Billboard income in place. Three retail units occupied by one tenant. Tenant currently month-to-month. Potential to deliver occupied or vacant. Separate freestanding retail building. Vacant owner-user opportunity. Additional rental upside from vacant building. Excellent street visibility. Strong daily traffic counts. On-site parking. Opportunity Zone location. Flexible investment or owner-user use.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Zoning LAM1
Interior
Fireplace No
Laundry None
Exterior
Utilities Available Electricity Available, Sewer Available, Water Available
Present Use Commercial
Building
Lot Description 2-5 Units/Acre
Story 1
Water Public
Others
Tax ID 5501009028
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Listed by Haik Bokhchalian JohnHart Real Estate 818-400-1868, DRE #01325511
Nearby Locations
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TNG Real Estate Consultants
Agent | License ID: 01886242
Agent License ID: 01886242