2413 Griffith Park Blvd - Commercial LAND FOR SALE


Los Angeles, CA 90039 17,437 SF
$2,500,000 USD
213-233-4379
2413 Griffith Park Blvd, Los Angeles, CA for Sale
$2,500,000 USD
Commercial LAND - FOR SALE
1/25
17,437 SF

2413 Griffith Park Blvd
Los Angeles, CA 90039


HIGHLIGHTS

  • Eric Dilanian is presents ± 17K SF of Land Spanning from Block to Block (Griffith Park Blvd to Hyperion Ave)
  • Currently there are (3) Buildings with a Total of 12 Units +1 Guest Room & 1 Non-Conforming Unit in Prime Silver Lake
  • High Vacancy: Delivered with (8) Vacant Units
  • Unit Mix: Comprised of 11 (1+1) & 3 (0+1) Units | Majority Single Story | 2 Units Do Not Have Kitchens
  • Year Built & Zoning: 1948, 1954, 1962 & 1966 | (Q) C2-1-VL and RD2-1-VL
  • Development Opportunity & ADU: Immediate Opportunity to Add ADU(s) & Future Development Opportunity Buyer to Verify Feasibility

OVERVIEW

±17,435 SF of Land, the property stretches from Griffith Park Blvd to Hyperion Ave, making it a one-of-a-kind opportunity for an investor seeking to add ADU's or develop in the future. Current property is a 12-unit + 1 Guest Room & 1 Non-Conforming multi-family property located in the highly sought-after neighborhood of Silver Lake, adjacent to Los Feliz. The property is being offered for sale by the original developer’s family and is delivered with 8 VACANT UNITS, presenting a significant opportunity for value-add investment. The offering consists of 3 separate buildings, constructed in 1948, 1953, 1962 and 1966, with a majority of single-story units. The unit mix includes 11 one-bedroom/one-bath units and 3 studio units. According to publicly available Certificate of Occupancy records, the total square footage is approximately ±6,479 SF. The property is zoned both (Q) C2-1-VL on the Hyperion side and RD2-1-VL on the Griffith Park side. Strategically located in the heart of Silver Lake, this property boasts a Walk Score of 88 (“Very Walkable”), where most errands can be completed on foot. It’s just 1 mile from the iconic Sunset Junction, home to popular destinations like Intelligentsia, La Colombe Coffee, San To, Wasteland, Silver Lake Farmers Market, Tartine, Sweetgreen, Indigo, Bacari, Maison Kitsune Paris, Café Stella, and Kombu Sushi. Additionally, it’s just blocks from Trader Joe’s and Gelson’s in Silver Lake, and mere minutes from the bustling retail corridor of Hillhurst Ave in Los Feliz, offering an abundance of dining, shopping, and entertainment options. **Disclosure:** Buyers are advised to conduct thorough due diligence, including verification of LEGAL building square footage, LEGAL unit count, lot size, legal bedroom/bathroom count, parking count, unit mix, year built, zoning, market rents, soft-story compliance, and the feasibility of constructing ADUs, additional units, or development feasibly. **DO NOT DISTURB TENANTS OR WALK ON PROPERTY - DRIVE BY ONLY **

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/ACRE

$6,246,057/AC

PRICE/SF

$143 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Apartment Units

LAND ACRES

0.4 AC

LAND SF

17,435 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

(Q) C2-1-VL & RD2-1-VL

APN/PARCEL ID

5432-003-003

ASK ABOUT THIS PROPERTY

Eric DilanianRE/MAX Commercial & Investment RealtyMore Info
213-233-4379

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Eric DilanianRE/MAX Commercial & Investment RealtyMore Info
213-233-4379

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.