Larchmont Retail Purchase Opportunity | 4650 Beverly Blvd
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Larchmont Retail Purchase Opportunity 4650 Beverly Blvd
3,024 SF Vacant Retail Building Los Angeles, CA 90004 $1,200,000 ($397/SF)
Investment Highlights
- Commercial Corner with 2 Retail Tenants
- Shared Parking Lot for 6 Vehicles
- Opportunity to Reposition (Month-to-Month Tenancy)
- Prime Larchmont Location 1 Block West of Western Ave
Executive Summary
Commercial corner property with 2 retail tenants. Ideal for owner/user or investor. An investor could reposition the property (month-to-month tenancy). Call broker for rent roll and income/expense details. Shared surface parking for 6± vehicles. Heavy traffic location with great exposure & signage! Located at the southwest corner of Beverly Blvd and Manhattan Place. 132' frontage on Beverly Blvd and 52' frontage on Manhattan Place. One block west of Western Avenue. One mile south of Santa Monica Blvd and the Hollywood (101) Freeway. Adjacent to Hancock Park and Hollywood.
Property Facts In Escrow
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,024 SF
Building Class
C
Year Built
1970
Price
$1,200,000
Price Per SF
$397
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.45
Lot Size
0.15 AC
Zoning
LA C2-1 - Commercial zoning with limited uses
Parking
6 Spaces (1.98 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Pylon Sign
Walk Score®
Walker's Paradise (93)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 5516-027-001 | Improvements Assessment | $118,774 |
Land Assessment | $116,300 | Total Assessment | $235,074 |
PROPERTY TAXES
Parcel Number
5516-027-001
Land Assessment
$116,300
Improvements Assessment
$118,774
Total Assessment
$235,074
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Larchmont Retail Purchase Opportunity | 4650 Beverly Blvd
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