3615 Beverly Boulevard, Los Angeles, CA 90004

$1,390,000

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List Price
$1,390,000
Status
ACTIVE
MLS#
SR26138139
Year Built
2005
Lot Size
6,442
Acres
0.15
Lot Location
2-5 Units/Acre
Days on Market
49
Property Type
Commercial
Property Sub Type
Retail

Property Description

Exceptional investment and owner-user opportunity on highly visible Beverly Boulevard. This corner retail property features 3 storefront units currently occupied by a single tenant on a month-to-month lease, offering rare flexibility for investors and owner-users alike. The existing tenant can remain in place for immediate income or the property may be delivered vacant, creating multiple repositioning strategies. In addition to the occupied retail space, the property includes a separate freestanding retail building currently vacant and ideal for an owner-user, boutique retailer, cafe concept, office showroom, or additional rental income. Market rent projections for the vacant building provide further upside potential. An on-site billboard lease generates additional passive income, creating a diversified revenue stream rarely found in assets of this size. Located along one of Los Angeles busiest commercial corridors, the property benefits from exceptional visibility, strong traffic counts, dense surrounding population, and convenient access to Downtown Los Angeles, Koreatown, Silver Lake, and Echo Park. Whether you're an investor seeking flexibility and value-add potential or an owner-user looking to establish a presence in a high-exposure location while collecting income from the remaining components of the property, this offering presents a unique opportunity in a supply-constrained market. Property Highlights: Beverly Blvd corner location. Billboard income in place. Three retail units occupied by one tenant. Tenant currently month-to-month. Potential to deliver occupied or vacant. Separate freestanding retail building. Vacant owner-user opportunity. Additional rental upside from vacant building. Excellent street visibility. Strong daily traffic counts. On-site parking. Opportunity Zone location. Flexible investment or owner-user use.

Additional Information

Water
Public
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$68,836
Operating Expense
24312

Listing courtesy of Listing Agent: Haik Bokhchalian (MyAgentHaik@gmail.com) from Listing Office: JohnHart Real Estate.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.