2909 Beverly Blvd, Los Angeles, CA 90057
3,000 SF | Retail Building | Los Angeles, CA 90057 | $2,000,000 ($667/SF) | 5% Cap Rate
For Sale
Active
Asking Price $2,000,000
- Property Type
-
Retail
- Square Feet
- 3,000 SF
- Price / Square Foot
- $667
Listing Contacts
Jacob Kesherim
- Property Info
Property Overview
Discover an exceptional development/investment opportunity at 2909 Beverly Blvd, Los Angeles, CA. This commercial(C2) property, totaling approximately 9,252 square feet of land, offers a low price point of $216 per square foot, making it an irresistible offer in the bustling heart of Los Angeles.
Strategically located near key community hubs, the lot is nestled between the vibrant Echo Park and the trendy Silver Lake neighborhoods, providing an exceptional quality of life and convenient access to local amenities. This property is just a short distance from the Vermont/Santa Monica Metro Rail Station, enhancing connectivity to the broader Los Angeles area.
Ideal for developers, this site can accommodate roughly 36 units, utilizing Transit Oriented Community Tier 1 incentives, further sweetened by its eligibility under the ED 1 site opportunity. Whether you’re looking to build residential units, offices, or retail spaces, this location provides a versatile canvas.
In addition, its proximity to McArthur Park, the LaFayette Recreation Center, and the diverse cultural scene of Koreatown offers potential owners or tenants a rich palette of outdoor and cultural activities. The Westlake and Downtown Los Angeles areas further envelop this locale with their dynamic city scenes.
This lot is currently owner-used and can be delivered vacant, offering a straightforward transition for new ownership. Its potential for extensive development or use as an upscale business locale makes it a prime piece of real estate in one of Los Angeles’s most sought-after districts.
Embrace the opportunity to own a piece of Los Angeles’ thriving and diverse community, where possibilities are expansive. This location promises not just a space, but a potential landmark in one of the city's fastest-growing areas.
Strategically located near key community hubs, the lot is nestled between the vibrant Echo Park and the trendy Silver Lake neighborhoods, providing an exceptional quality of life and convenient access to local amenities. This property is just a short distance from the Vermont/Santa Monica Metro Rail Station, enhancing connectivity to the broader Los Angeles area.
Ideal for developers, this site can accommodate roughly 36 units, utilizing Transit Oriented Community Tier 1 incentives, further sweetened by its eligibility under the ED 1 site opportunity. Whether you’re looking to build residential units, offices, or retail spaces, this location provides a versatile canvas.
In addition, its proximity to McArthur Park, the LaFayette Recreation Center, and the diverse cultural scene of Koreatown offers potential owners or tenants a rich palette of outdoor and cultural activities. The Westlake and Downtown Los Angeles areas further envelop this locale with their dynamic city scenes.
This lot is currently owner-used and can be delivered vacant, offering a straightforward transition for new ownership. Its potential for extensive development or use as an upscale business locale makes it a prime piece of real estate in one of Los Angeles’s most sought-after districts.
Embrace the opportunity to own a piece of Los Angeles’ thriving and diverse community, where possibilities are expansive. This location promises not just a space, but a potential landmark in one of the city's fastest-growing areas.
Property Details
- Class
- B
- Year Built/Renovated
- 1951/2023
- Stories
- 1
- Lot Size (sq. ft)
- 9,583 SF
Highlights
- Excellent Walker’s Paradise (90) Excellent Transit Score (71)
Nearby Properties
Similar Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].