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    Single-Story Commercial Building For Sale Title is generated by Realmo AI

    1626 Beverly Blvd, Los Angeles, CA

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    Commercial building suitable for redevelopment or owner-user occupancy.

    Type:OFFICE
    Property size:
    6,286 SF
    Lot size:
    0.47 Acres
    Price / SF:
    $473/SF
    Added:
    Jun 25, 2025
    Days on Market:
    354
    Last Refresh:
    May 20 at 8:49 pm

    Property Features for 1626 Beverly Blvd

    General Information

    Standard status
    Active
    Size
    6,286 SF
    Lot size
    0.47 Acres
    Property subtype
    OFFICE

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    Listing Contact
    Christopher Larimore
    Christopher Larimore

    Listing agent Christopher Larimore License #01314464

    Listing office Lee & Associates

    Listing date Jun 25, 2025

    Source Moodyscre

    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

    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.
    • Private gated parking.
    • Flexible interior layout.
    • Single‑story structure.

    Overview

    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.

    Local 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 (±1% cap)
    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 (±1% cap)
    NOI $8,914,541 @ 7.0% cap · market cap 299.65%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    LA/OC Building Trades Advocacy Group Building & Construction Trades Advocacy Group

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Law Firm Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    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
    -118.264
    Latitude
    34.0636

    FAQs

    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.
    (626) 240-2788 Call to check price and availability
    More about this property
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