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3967 - 3977 W Beverly Boulevard, Los Angeles, CA

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3967 - 3977 W Beverly Boulevard

Los Angeles, CA 90004 - Hollywood/Silver Lake Submarket

Property Type:Land Parcel Size:.7 Acres
For Sale Price:$6,350,000 Price/Acre:$9,034,002 Price/SF:$207.39

Proposed Use:Commercial, Apartment Units

On-Site Improv:-

Sale Notes:
Marcus & Millichap has been selected to exclusively market for sale a rare urban infill
development opportunity located within the Wilshire Community Plan Area in Los Angeles,
California. The offering is comprised of approximately 30,618 square feet (0.70 acres)
of land. The site is comprised of four separate parcels with three structures. The subject
property generates an annual gross income of $207,600, providing a savvy investor/developer
with income while they secure building permits. Per the seller, with the exception of the
Single Family Residence located at 306 N. Heliotrope Dr (Lease expires Mar.31, 2017)., all
remaining leases contain a termination clause and may be cancelled at the end of the calendar
month by providing tenant with ninety (90) days prior written notice.

Marcus & Millichap Inc
Lonnie McDermott
(818) 212-2745

Steven Schechter
(818) 212-2793

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