3615 Beverly Blvd Los Angeles, CA 90004-3545

2,373 SF 0.15 ac lot Built 2005

Entity Owned 3-yr Hold Absentee Owner Free & Clear

Property ID

US09-9282371

$1,390,000 2,373 SF

3615 Beverly Blvd, Los Angeles, CA 90004-3545
View Listing →

Google Maps

This exceptional Los Angeles commercial property, located at 3615 Beverly Blvd, offers a unique investment opportunity. The 2,373 square foot building, constructed in 2005 and renovated in 2017, sits on a 6,442 square foot lot and features a mix of retail and office space. Currently configured as a multi-tenant property, it includes a stand-alone retail space of approximately 633 square feet and a three-unit structure totaling approximately 1,740 square feet, with two units already leased. The property boasts excellent street frontage at a three-point intersection, benefiting from high visibility and foot traffic. Its M1-1 zoning provides flexibility for various uses. The asking price is $1,865,805, translating to $785 per square foot. Nine parking spaces are available. This prime location in Rampart Village, near Downtown Los Angeles, Miracle Mile, Silver Lake, East Hollywood, and Koreatown, offers easy access to the 101 freeway and the Beverly/Vermont Metro Station. The area is known for its vibrant culinary scene and dense population, ensuring high demand and potential for strong rental income. The property presents an owner-user opportunity and is eligible for 90% financing. The APN is 5501-009-028.