3660 Beverly Blvd Los Angeles, CA 90004

Property Details for 3660 Beverly Blvd

Year built

1954

Construction

WOOD

Lot size

0.18 lot acres

Property size

1,250 SF

Zone code

LAM1

Property type

Turn key restaurants

APN

5501-009-007

APU

5501009007

Description

This exceptional 1,288 square foot, single-tenant retail property at 3660 Beverly Boulevard in Los Angeles, CA 90004, presents a remarkable owner-user opportunity. Situated on a 0.18-acre lot, this fee-simple property boasts 11 parking spaces and a prime corner location at a five-way intersection bordering Silver Lake, Echo Park, and Koreatown. Built in 1954 and extensively renovated in 2022, the building features a newly replaced roof, HVAC system, electrical, plumbing, cold storage, and kitchen equipment, making it a truly turnkey operation. The property benefits from excellent visibility on Beverly Boulevard, a major east-west corridor with over 40,000 vehicles per day, and is conveniently located one block from a high-traffic Metro station. The permitted zoning is LAM1. The property's strategic location is further enhanced by its proximity to schools and other amenities, including the Everest Value School, Central City Value High School, and Hotel Silver Lake. With superior demographics and high density, this property offers a compelling investment opportunity, particularly given the availability of SBA financing up to 90% with rates ranging from 5.5% to 6%*. The property includes a patio and pole signage. This is a rare chance to acquire a fully renovated, move-in ready restaurant space in a high-traffic, desirable location. The APN is 5501-009-007. This offering is suitable for a 1031 exchange.