2909 Beverly Blvd - Retail FOR SALE


Los Angeles, CA 90057
$2,000,000 USD
310-432-6471
2909 Beverly Blvd, Los Angeles, CA for Sale
$2,000,000 USD
Retail - FOR SALE
1/16
null | 5% Cap Rate

2909 Beverly Blvd
Los Angeles, CA 90057


HIGHLIGHTS

  • Excellent Walker’s Paradise (90) Excellent Transit Score (71)

OVERVIEW

Discover an exceptional development/investment opportunity at 2909 Beverly Blvd, Los Angeles, CA. This commercial(C2) property, totaling approximately 9,252 square feet of land, offers a low price point of $216 per square foot, making it an irresistible offer in the bustling heart of Los Angeles. Strategically located near key community hubs, the lot is nestled between the vibrant Echo Park and the trendy Silver Lake neighborhoods, providing an exceptional quality of life and convenient access to local amenities. This property is just a short distance from the Vermont/Santa Monica Metro Rail Station, enhancing connectivity to the broader Los Angeles area. Ideal for developers, this site can accommodate roughly 36 units, utilizing Transit Oriented Community Tier 1 incentives, further sweetened by its eligibility under the ED 1 site opportunity. Whether you’re looking to build residential units, offices, or retail spaces, this location provides a versatile canvas. In addition, its proximity to McArthur Park, the LaFayette Recreation Center, and the diverse cultural scene of Koreatown offers potential owners or tenants a rich palette of outdoor and cultural activities. The Westlake and Downtown Los Angeles areas further envelop this locale with their dynamic city scenes. This lot is currently owner-used and can be delivered vacant, offering a straightforward transition for new ownership. Its potential for extensive development or use as an upscale business locale makes it a prime piece of real estate in one of Los Angeles’s most sought-after districts. Embrace the opportunity to own a piece of Los Angeles’ thriving and diverse community, where possibilities are expansive. This location promises not just a space, but a potential landmark in one of the city's fastest-growing areas.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$667 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1951

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

LAC2

APN/PARCEL ID

5156-019-025

ASK ABOUT THIS PROPERTY

Jacob KesherimKW Commercial Beverly HillsMore Info
310-432-6471

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

Jacob KesherimKW Commercial Beverly HillsMore Info
310-432-6471

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