2612 Robertson Blvd Los Angeles, CA 90034
This exceptional 10,125 square foot storefront property, located at 2612 S Robertson Blvd, Los Angeles, CA 90034, presents a compelling value-add investment opportunity. Built in 1950, the property sits on a 10,125 square foot lot and is zoned LAC-4. The asking price is $4,118,000, translating to $406.72 per square foot. The property boasts a unique combination of features, including a two-story, three-bedroom apartment with one and a half bathrooms, and a vacant swimming pool area previously used as a swimming school. This versatile space offers significant redevelopment potential for mixed-use purposes or restoration to its former use as a swimming school. The location is highly desirable, situated on Robertson Boulevard, a major thoroughfare known for its commercial activity and high visibility. According to CoStar Comps, traffic counts exceed 57,000 vehicles daily on a nearby section of Robertson Boulevard. The property benefits from a dense residential population, with approximately 313,128 people within a 3-mile radius and 868,271 within a 5-mile radius, providing a substantial customer base. The property's proximity to the 10 Freeway and West Pico Boulevard further enhances its accessibility and appeal. This unique offering combines residential and commercial elements, presenting a rare opportunity for a savvy investor to capitalize on a prime Los Angeles location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.