451 Silver Lk Blvd Los Angeles, CA 90026
- Turn key restaurants
- 3,698 SF
- 0.15 lot acres
Current Use by Public Records
- Los Angeles Builder Octave / Contractor
Property Details for 451 Silver Lk Blvd
- Year built
- 1956
- Construction
- WOOD
- Lot size
- 0.15 lot acres
- Property size
- 3,698 SF
- Zone code
- LACR
- Property type
- Turn key restaurants
- APN
- 5401-012-001
- APU
- 5401012001
Description
This exceptional Los Angeles restaurant presents a compelling investment opportunity. Located at 451 Silver Lake Boulevard in the vibrant Echo Park neighborhood, this 3,698 square foot building sits on a 6,355 square foot lot. Built in 1956, the property boasts a long-term lease with an established tenant, providing immediate cash flow. The asking price is $4,500,000, translating to $1,216.87 per square foot. Its prime location, just off the freeway, offers easy access to both Downtown Los Angeles and Hollywood. Adding to its appeal is an adjacent 10,328 square foot parcel across the street on Robinson Street, presenting significant potential for expansion or future development. The property also includes a valuable liquor license. This unique offering combines classic Los Angeles charm with a strategic location and substantial upside potential, making it an ideal acquisition for discerning investors and experienced restaurateurs. The property is zoned for retail use and currently operates as a restaurant.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $320,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $402,000
Market price range: $403k - $1.05M
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Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.281
- Latitude
- 34.0777
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
