4067 Beverly Boulevard Los Angeles, CA $ 3,900,000
4067 Beverly Boulevard
$ 3,900,000
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4067 Beverly Boulevard

Los Angeles, CA, 90004
$ 3,900,000
Baths0.0

Monthly Estimate*

$ 27,243

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Studio

Commercial Property for sale in Los Angeles, CA

for $3,900,000. This building was built in 1925.

PRIME LOCATION:Situated in the sought-after Oakwood/Melrose Hill area of Los Angeles, with coveted corner lot access to Beverly Blvd. BUILDING AND LOT:Spans 7,990 SF across two lots totaling 15,262 SF, offering significant development potential. TENANT COMPOSITION:Currently housing 5 under-market month-to-month tenants, presenting an opportunity for immediate rental upside. IDEAL CONFIGURATION:Well-suited for owner use, particularly for medical or industrial purposes, with existing unit configurations. PARKING COMPLIANCE:Site complies with the 2/1,000 SF medical parking requirement, enhancing its appeal for medical or industrial tenants. RENTAL UPSIDE:Potential for increased rental income with current tenants on month-to-month leases. VERSATILE SPACES:Features approximately 2,540 SF of retail space and a 5,450 SF industrial component, easily divisible to accommodate various businesses. RARE PARKING AVAILABILITY:Offers high-level parking, a rarity in the area, enhancing accessibility for tenants and customers. ZONING AND DEVELOPMENT POTENTIAL:Zoned C2 Tier 3 with eligibility for ED1, providing significant development opportunities. ENTERPRISE ZONE AND OPPORTUNITY ZONE:Located in the State Enterprise Zone and designated as an Opportunity Zone, offering potential tax benefits. STRATEGIC LOCATION:Positioned between Vermont and Western, boasting over 230 feet of frontage on bustling Beverly Blvd. ACCESSIBILITY:Easy access to the 101 freeway, Metro B line, Vermont/ Beverly Metro stop, as well as nearby amenities such as restaurants, bars, schools, and cultural landmarks. This mixed-use retail industrial property presents an exceptional investment opportunity in a highly desirable location with immense potential for growth and development.

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Commercial Active

Price

$ 3,900,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Year Built

1925

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024378713

Features
General
Zoning LAC2
Year Built 1925
County Los Angeles
Property Type F
Status Active
City Los Angeles
MLS Area C17 - Mid-Wilshire
Lot Size Square Feet 0.0
Street Name Beverly
Standard Status Active
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Exterior
Lot Size Area 15262.0
Lot Size Acres 0.0
Land Lease Type Fee
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Interior
Street Suffix Boulevard
Total Baths 0
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* Excluded Features
List By
Neema Ahadian

Listing Agent

Marcus & Millichap

Broker

Affordability Calculator

$27,243
Per Month
100%
0%
0%
Monthly Principal & Interest
$27,243
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/10/2024$3,900,000 Listed Price

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4067 Beverly Boulevard, Los Angeles, CA, 90004 is a Commercial Property for sale at $3,900,000. 4067 Beverly Boulevard is a studio with 0.0 baths and was built in 1925. The property's zip code is 90004 which is in Los Angeles, CA