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3595 Beverly Boulevard, Los Angeles, CA

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3595 Beverly Boulevard

Los Angeles, CA 90004 - Hollywood/Silver Lake Submarket

Property Type:Land Parcel Size:.93 Acres
For Sale Price:$6,250,000 Price/Acre:$6,754,566 Price/SF:$155.06

Proposed Use:-

On-Site Improv:-

Sale Notes:
Commercial Development Opportunity in South Silver Lake
- Currently an operating car wash. Can be delivered vacant at close of escrow.
- Signalized intersection of Virgil Ave (leading to Silver Lake) and Beverly Blvd (leading to Historic Filipinotown)
- Located on major commercial thoroughfare
- ±320 feet of frontage along Virgil Ave and Beverly Blvd
- Huge upside potential appreciation of local rental rates and land value
- Daily car count of ±40,000 cars
- 5 Minute drive time to central business district (Downtown LA)
- Restaurant Space is on a month-to-month lease
- There is a Billboard lease on the property with language in the lease favorable to the developer

- Adjacent to 101 Freeway on-ramp and off-ramp
- Directly in-between gentrifying and expanding neighborhoods of Historic Filipinotown and Silver Lake

Newmark Knight Frank
Jonathan Dadourian
(310) 407-6567

David Ghermezian
(310) 407-6573

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