1725 Beverly Blvd
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1725 Beverly Blvd
11,000 SF 100% Leased Office Building Los Angeles, CA 90026 $5,500,000 ($500/SF)
Investment Highlights
- Ideally located close to Downtown LA right along Beverly Blvd with parking access on Burlington St. Close to Freeway access.
- The alley on the east side of the lot can be an additional parking access/exit to the property.
- Convenient access to Los Angeles's major freeways, shopping, hospitals, and government offices.
- Good sized land allows for flexibility in possible projects.
- Gross building area is approximately 13,000 sq ft, 11,952 net rentable area.
Executive Summary
The property is rented at below market rates to 4 different Christian churches, a print shop, a chiropractic clinic, and all are now on a month to month basis. This gives flexibility to Buyers who wish to occupy the building as an owner user, or to have the building vacated to do a remodeling or re-purposing project.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Building Size
11,000 SF
Building Class
C
Year Built
1959
Price
$5,500,000
Price Per SF
$500
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,500 SF
Building FAR
0.57
Lot Size
0.44 AC
Zoning
C2 - Commercial C1.5 Uses; Retail w Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Uses
Parking
30 Spaces (2.73 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Controlled Access
- Fenced Lot
- Signage
- Air Conditioning
Walk Score ®
Walker's Paradise (91)
Transit Score ®
Excellent Transit (70)
Bike Score ®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 5159-008-002 | Improvements Assessment | $630,997 |
| Land Assessment | $2,427,432 | Total Assessment | $3,058,429 |
PROPERTY TAXES
Parcel Number
5159-008-002
Land Assessment
$2,427,432
Improvements Assessment
$630,997
Total Assessment
$3,058,429
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1725 Beverly Blvd
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