Address not provided Los Angeles, CA ^$ 1,550,000

Address not provided

^$ 1,550,000

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Address not provided

Name: address
Address: CA, 90039

Los Angeles, CA, 90039

^$ 1,550,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 10,705

Commercial Property for sale in Los Angeles, CA

for $1,550,000. This building was built in 1922.

Prime Development Opportunity: Commercial Building and Approved Plans to build 3 homes. Rare value-add and development opportunity in a prime location. The property currently features a functional commercial structure with a massive on-site parking lot. Architectural plans are fully complete and ready to pull permits for an exceptional multi-family compound: transform the existing structure into a chic residential homes, and construct two brand-new detached single-family houses on the rear lot. Whether you are a builder looking for a shovel-ready project or an investor seeking a high-yield asset with immense upside, this property offers a turnkey path to multi-unit residential ownership in a thriving submarket.

Commercial Active

Price

^$ 1,550,000

Property Type

Commercial

Taxes

^$ 0

Style

Year Built

1922

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026994999

Features

General

Zoning LARD4

Year Built 1922

County Los Angeles

Property Type Commercial Sale

Status Active

City Los Angeles

MLS Area C21 - Silver Lake - Echo Park

Standard Status Active

Interior

Total Stories 0

Total Baths 0

Exterior

Lot Size Area 10231

* Excluded Features

List By

Lala Petrosian

Listing Agent

Trust And Estate Realty

Broker

trustandestaterealty@gmail.com

Affordability Calculator

$10,705

Per Month

Monthly Principal & Interest: $10,705
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% 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

Trends
Schools

Commerical listings in Los Angeles, CA

Average List Price ^$2,562,414

Percent of Sale Price 65%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

0 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
10/7/2026	$1,550,000	-2.82%	Price Down
9/30/2026	$1,595,000		Listed Price

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*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 10/23/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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Commercial Property for sale in Los Angeles, CA

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