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- LoopNet Team
1824 Hillhurst Ave
Los Angeles, CA 90027
Los Feliz Freestanding Building · Retail Property For Sale
Investment Highlights
- Owner-User/Investment Opportunity in High-Barrier-to-Entry Location
- Excellent Demographics/Population – Historic Los Feliz Submarket
- On-Site Parking Lot with 12 Parking Stalls
- Major Business/Retail Corridor: Hillhurst Ave (28,000 VPD) Connects to All Major Los Angeles Traffic Arteries
- Approx. 4,032 Total Square Feet and Total Lot Size of About 0.18 Acres ($495/sf for the Land)
PROPERTY FACTS
Amenities
- Bus Line
About 1824 Hillhurst Ave , Los Angeles, CA 90027
The property sits on an excellent corner location where Hillhurst Avenue (28,000 VPD) and Russell Avenue intersect, and the on-site parking lot backs right up into a historical, dense neighborhood directly east behind the property. Additionally, Hollywood Blvd (57,700 VPD) and Sunset Blvd (56,700 VPD) are within just a few blocks of the subject property providing ease of commute and consistent traffic flow throughout the Hillhurst corridor. The building itself has been well-maintained and its classic craftsmen-style construction creates a trophy asset quality both in physical and visual qualities. Benefiting from the cultural prominence of the Los Feliz community and just minutes away from Los Angeles landmarks like the Griffith Observatory, over 48,000 people reside within 1 mile of the subject property with an average household income of almost $98,000. The nearby restaurant scene dominates Hillhurst Avenue, with media outlets consistently highlighting the many culinary experiences. Downtown Los Angeles and Beverly Hills are both less than five miles away, proving why this suburb is so desirable for creatives, business owners, movies stars, and executives alike.
Links
PROPERTY TAXES
Parcel Number | 5590-018-001 | Improvements Assessment | $318,362 |
Land Assessment | $2,759,140 | Total Assessment | $3,077,502 |
PROPERTY TAXES
Learn More About Investing in Retail Properties
Listing ID: 18500643
Date on Market: 2/12/2020
Last Updated:
Address: 1824 Hillhurst Ave, Los Angeles, CA 90027
The Retail Property at 1824 Hillhurst Ave, Los Angeles, CA 90027 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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