$1,525,000
$1,600,000
4.7%For more information regarding the value of a property, please contact us for a free consultation.
3101 Beverly BLVD Los Angeles, CA 90057
3,415 SqFt
Key Details
Sold Price $1,525,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 3,415 sqft
Price per Sqft $446
MLS Listing ID 24427803
Sold Date 10/15/24
HOA Y/N No
Year Built 1988
Lot Size 6,616 Sqft
Acres 0.1519
Property Description
3101 Beverly Blvd is well maintained, 1988 construction retail property with endless possibilities! The HVAC units are all newer, it has a cool white rubberized roof, new automatic trash enclosure and one (1) tankless water heater. It is situated on a 6,615 square foot corner lot with 106 feet of frontage on Beverly Blvd. The immediate area is deemed very walkable with a walk score of 89 indicating good foot fall in close proximity to the property and the traffic count is 22,006 vehicles a day! All four (4) units are currently occupied and all are on month-to-month leases. The subject property has great potential for an Owner User; All walls can be removed to reconfigure current layout to suit buyer's needs! SBA Financing with as little as 10% down can be utilized for an owner user! The property has seven (7) parking spaces including one ADA car accessible space and ample street parking on both Beverly Blvd and Vendome St. The 20-foot pole sign has recently been converted to LED. The subject property is well located with trendy neighborhoods like Silver Lake and Echo Park in close proximity. This location offers very easy access to all the restaurants and amenities offered by East Hollywood, Downtown LA and Koreatown. There is easy access to the 101 Freeway, public transportation, Kaiser Hospital, LACC and multiple post production houses, providing a stable tenant base.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LAC2
Interior
Fireplace No
Exterior
Total Parking Spaces 7
Others
Tax ID 5156010020
Special Listing Condition Standard
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Bought with Rosa Baghdasarian • Network Realty
The Wilkas Group - Lenore & Alexander Wilkas
Real Estate Advisors | License ID: 01343201 & 01355442