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    2214 Beverly Blvd Los Angeles, CA 90057

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    For Sale
    $5,250,000

    Unique performing arts venue with bar in Historic Filipinotown.

    Property size:
    8,440 SF

    Property Features for 2214 Beverly Blvd

    General Information

    Size
    8,440 SF

    Building Details

    Year built
    1929

    Source: Paul Brehme Agent Paul Brehme

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Filipinotown Performing Arts Venue

    Located in Historic Filipinotown, the property at 2220 Beverly Blvd features a main theater in the rear of the building and additional performance space in the front, along with a cocktail bar. The venue totals approximately 5,000 square feet and has 20-foot-high bow truss ceilings. The rear theater currently has seating for 84 people and includes a sound booth, as well as bonus basement space used as a green room. The adjacent property at 2214 Beverly Blvd consists of approximately 3,400 square feet of retail, office, gallery, and performance space, and includes various mezzanine structures and 22-foot-high bow truss ceilings. The total lot size is 125 feet by 135 feet, with 125 feet of street frontage. The current CUP allows for a performing arts venue with a bar, lounge, and restaurant, though there is no commercial kitchen currently in operation. The liquor license permits a full line of alcoholic beverages and can be sold in a separate transaction. In addition to the 16 parking spaces onsite, the theater owner leases 72 parking spaces across the street during the evening for shows. Historic Filipinotown is experiencing a redevelopment phase and is located a short drive from Downtown LA.
    Location Intelligence

    Current Use by Public Records

    Theaters & concert halls

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.272
    Latitude
    34.06718

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    FAQs

    What type of property is this?
    Theater & concert hall - Unique performing arts venue with bar in Historic Filipinotown.
    Where is this theater & concert hall located?
    The property is located at 2214 Beverly Blvd Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $5,250,000.
    What are key features of this property?
    This property features: - Established performing arts venue (Bootleg Theater) with a strong community presence and diverse programming history.; - Favorable CUP allows for performing arts venue with bar, lounge, restaurant, and outdoor deck (though no commercial kitchen is currently in place).; - Prime location in the rapidly redeveloping Historic Filipinotown (HiFi), recognized as one of the world's coolest neighborhoods and near Downtown LA.
    (310) 899-2714
    Request Owner's contact information
    2214 Beverly Blvd Los Angeles, CA 90057
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    Los Angeles, CA 90057
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2214 Beverly Blvd Los Angeles, CA 90057
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