3211 Beverly Blvd - Bar FOR SALE


Los Angeles, CA 90057
$4,888,000 USD
213-434-2433
3211 Beverly Blvd, Los Angeles, CA for Sale
$4,888,000 USD
Bar - FOR SALE
1/24
null | 5.37% Cap Rate

3211 Beverly Blvd
Los Angeles, CA 90057


HIGHLIGHTS

  • TURN KEY
  • LEASE IN PLACE FOR CONTINUED INCOME
  • LARGE PARKING AREA

OVERVIEW

FULLY REMODELED AND UPDATED, THE SELLER SPENT $900,000.00 IN RENOVATION AND PERMITS. CUP GRANDFATHER IN!! CURRENTLY TENANT PAYING $25,000 PER MONTH. SHOWING WITH ACCEPTED OFFER. DO NOT DISTURB TENANT AT ANY TIME, APPROACHING TENANT WILL BE A CAUSE OF DISQUALIFICATION OF YOUR LOI OR AN OFFER. RENT WILL INCREASE 10% ON JULY OF 2028.

FOR SALE DETAILS

PRICE

$4,888,000 USD

PRICE/SF

$1,091 USD /SF

CAP RATE

5.37%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

BEVERLY LOUNGE

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1936

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

C2

APN/PARCEL ID

5156-005-010,5156-005-011

ASK ABOUT THIS PROPERTY

Max LeeThe Right Realty GroupMore Info
213-434-2433

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Max LeeThe Right Realty GroupMore Info
213-434-2433

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