2909 Beverly Blvd Los Angeles, CA 90057-1011

This exceptional 9,583 square foot commercial land parcel, located at 2909 Beverly Blvd in Los Angeles, CA 90057, presents a compelling investment opportunity. Zoned C2, this owner-used property is offered at $2,000,000, translating to approximately $216 per square foot. The site boasts convenient access to the Vermont/Santa Monica Metro Rail Station, enhancing connectivity throughout the city. Situated between Echo Park and Silver Lake, the property benefits from proximity to vibrant neighborhoods, McArthur Park, and the LaFayette Recreation Center. With potential for approximately 36 units utilizing Transit Oriented Community Tier 1 incentives and ED 1 site opportunity eligibility, this location is ideal for developers seeking to build residential, office, or retail spaces. The property includes 10 parking spaces and is currently owner-used, allowing for a seamless transition to new ownership. This versatile site offers a chance to create a landmark development in a rapidly growing area of Los Angeles, within easy reach of Koreatown, Westlake, and Downtown Los Angeles. The Los Angeles County Assessor's Parcel Number (APN) is 5156-019-025.