1818 Glendale Blvd Los Angeles, CA 90026

This exceptional retail property at 1818 Glendale Boulevard in Los Angeles, CA, presents a unique investment opportunity. The 6,385 square foot building sits on a 7,611 square foot lot (APN 5423-004-004) and is zoned CM-1VL. Currently configured as eleven artist studios ranging from 250 to 1,700 square feet, each studio boasts abundant natural light and impressive 14-foot ceilings. All tenants are on month-to-month leases, providing flexibility for the new owner. A significant advantage is the presence of a vacant, street-facing 1,300 square foot unit, offering immediate potential for lease income or redevelopment. The property enjoys exceptional visibility and high traffic volume, with an estimated 65,000 cars passing daily on Glendale Boulevard. Its location in the heart of Echo Park provides convenient access to a vibrant array of amenities, including Erewhon, Whole Foods, Trader Joe's, Starbucks, Silverlake Ramen, Van Leeuwen Ice Cream, Vons, CVS, and King Taco. The asking price is $3,795,000, translating to $594.36 per square foot. This property offers a compelling blend of existing income potential and significant upside for future development or repositioning. The property's prime location and versatile layout make it an ideal investment for a discerning buyer seeking a strong foothold in the thriving Echo Park market.