Single-Story Commercial Building For
1626 Beverly Blvd Los Angeles, CA
For Sale
Contact for pricing
Commercial building suitable for redevelopment or owner-user occupancy.
Property Size6,286 SF
Lot Size0.47 Acres
Price / SF$473.27
Days on Market400
Property Features for 1626 Beverly Blvd
General Information
Standard status
Active
Size
6,286 SF
Lot size
0.47 Acres
Property subtype
OFFICE
Listing Agency:
Lee & Associates
(626) 240-2788
Listed By:
Christopher Larimore · License #01314464
(626) 240-2788
Source:
Moodyscre
Added: Jun 25, 2025
Changed: Jul 6
Last Checked: Jul 22 at 3:52AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates
Investment Insights
Based on property information with market context.
This single-story commercial building is situated on a corner lot, presenting opportunities for redevelopment or owner-user occupancy. The property features a large meeting hall, a flexible interior layout, and private gated parking. It is zoned for commercial office use, with potential for non-profit or creative workspace conversions. The building has a total area of 6,286 square feet.
Key Highlights
- Corner lot positioning allows for creative redevelopment or owner‑user occupancy.
- Zoned for commercial office use, offering potential for non‑profit, or creative workspace conversions.
- Large meeting hall suitable for various uses.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $244.4k | $38.88 |
| − Vacancy | −$45.5k | −$7.23 |
| EGI | $198.9k | $31.65 |
| − OpEx | −$49.7k | −$7.91 |
| NOI | $149.2k | $23.74 |
6,286 SF · lease $38.88/SF/yr · vacancy 18.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.13M
$1.87M – $2.49M
NOI $149,206 @ 7.0% cap · market cap 5.02%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$127.35M
$111.43M – $148.58M
NOI $8,914,541 @ 7.0% cap · market cap 299.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Commercial building suitable for redevelopment or owner-user occupancy.
Where is this office building located?
The property is located at 1626 Beverly Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,975,000.
What are key features of this property?
This property features: Corner lot positioning allows for creative redevelopment or owner‑user occupancy.; Zoned for commercial office use, offering potential for non‑profit, or creative workspace conversions.; Large meeting hall suitable for various uses.
