520 Silver Lake Blvd, Los Angeles, CA 90062 | 520 Silver Lake Blvd
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520 Silver Lake Blvd, Los Angeles, CA 90062 520 Silver Lake Blvd
4,882 SF 100% Leased Retail Building Los Angeles, CA 90026 $3,490,000 ($715/SF)
Investment Highlights
- Prime Development Opportunity in Silver Lake!
Executive Summary
Prime Development Opportunity in Silver Lake!
520 Silver Lake Blvd, Los Angeles, CA 90026
Price: $3,490,000
Size: 4,882 sqft
Land: 11,109 sqft Lot
Zoning: LAC2
Exciting Investment Opportunity in the Heart of Silver Lake!
Nestled in the vibrant Silver Lake neighborhood, this property offers a rare opportunity for investors and developers alike. Currently housing two tenants on month-to-month leases, this property is primed for redevelopment. The flexible LAC2 zoning allows for a variety of development options, making it an ideal canvas for your next project.
*Adjacent Property Opportunity: https://www.loopnet.com/Listing/3125-London-St-Los-Angeles-CA/30133018/
For those looking to expand their investment portfolio, the adjacent lot at 3125 London St is also available for sale. This 11-unit apartment lot boasts a generous 13,591 sqft of land, presenting a combined opportunity of over 24,000 sqft for development or investment.
*Location and Potential:
Located on a corner lot, this property offers excellent visibility and access. Its proximity to Silver Lake's trendy shops, eateries, and entertainment venues adds to its appeal. With the option to purchase the adjacent lot, the potential for this property is truly exceptional.
Don't miss out on this unique opportunity to invest in one of Los Angeles' most sought-after neighborhoods. Whether you're looking to develop, invest, or expand your portfolio, this property offers endless possibilities. Please do not disturb occupants, drive by only!
520 Silver Lake Blvd, Los Angeles, CA 90026
Price: $3,490,000
Size: 4,882 sqft
Land: 11,109 sqft Lot
Zoning: LAC2
Exciting Investment Opportunity in the Heart of Silver Lake!
Nestled in the vibrant Silver Lake neighborhood, this property offers a rare opportunity for investors and developers alike. Currently housing two tenants on month-to-month leases, this property is primed for redevelopment. The flexible LAC2 zoning allows for a variety of development options, making it an ideal canvas for your next project.
*Adjacent Property Opportunity: https://www.loopnet.com/Listing/3125-London-St-Los-Angeles-CA/30133018/
For those looking to expand their investment portfolio, the adjacent lot at 3125 London St is also available for sale. This 11-unit apartment lot boasts a generous 13,591 sqft of land, presenting a combined opportunity of over 24,000 sqft for development or investment.
*Location and Potential:
Located on a corner lot, this property offers excellent visibility and access. Its proximity to Silver Lake's trendy shops, eateries, and entertainment venues adds to its appeal. With the option to purchase the adjacent lot, the potential for this property is truly exceptional.
Don't miss out on this unique opportunity to invest in one of Los Angeles' most sought-after neighborhoods. Whether you're looking to develop, invest, or expand your portfolio, this property offers endless possibilities. Please do not disturb occupants, drive by only!
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
4,882 SF
Building Class
C
Year Built
1963
Price
$3,490,000
Price Per SF
$715
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.44
Land Acres
0.26 AC
Zoning
LAC2 - LAC2 zoning
Parking
8 Spaces (1.64 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signalized Intersection
Walk Score ®
Very Walkable (85)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 5401-023-028 | Improvements Assessment | $162,247 |
| Land Assessment | $574,732 | Total Assessment | $736,979 |
PROPERTY TAXES
Parcel Number
5401-023-028
Land Assessment
$574,732
Improvements Assessment
$162,247
Total Assessment
$736,979
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Lena Byun -
NewStar Realty & Investment
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520 Silver Lake Blvd, Los Angeles, CA 90062 | 520 Silver Lake Blvd
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