3251-3255 Beverly Blvd - Freestanding FOR SALE


Los Angeles, CA 90057- Rampart Village
$2,600,000 USD
213-332-9045
3251-3255 Beverly Blvd, Los Angeles, CA for Sale
$2,600,000 USD
Freestanding - FOR SALE
1/40
null | 6.6% Cap Rate

3251-3255 Beverly Blvd
Los Angeles, CA 90057
Rampart Village


HIGHLIGHTS

  • CURRENT 6.6% CAP
  • Coin Laundry facility set up with all machines included
  • Fully Equipped Restaurant
  • Major Corner of Hoover and Beverly
  • 11,132 SF C2 Zoned TOC Tier 1 lot
  • Redevelopment opportunity to build 27 units by right, 41 units using TOC bonus

OVERVIEW

Introducing the perfect investment opportunity at the major corner of Beverly and Hoover! This corner retail building boasts an equipped restaurant and a coin laundry facility, making it a lucrative prospect for entrepreneurs seeking immediate income at market rates. The property offers ample parking space, ensuring convenience for customers, and with a bus stop located right in front, accessibility is never an issue. Beyond its present potential, this property also presents an exciting opportunity for redevelopment with a generous 11,132 sq ft of C2 zoning. Don't miss out on this prime location and the endless possibilities it offers for both immediate income and future growth!

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$495 USD /SF

CAP RATE

6.6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

LAC2

APN/PARCEL ID

5156-004-012

ASK ABOUT THIS PROPERTY

Vinnie ParkPropertyWorkMore Info
213-332-9045

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Vinnie ParkPropertyWorkMore Info
213-332-9045

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.