506 S San Vicente Blvd - Storefront Retail/Office FOR SALE


Los Angeles, CA 90048- Hancock Park
$3,299,000 USD
818-424-2696
506 S San Vicente Blvd, Los Angeles, CA for Sale
$3,299,000 USD
Storefront Retail/Office - FOR SALE
1/10
null | 5.76% Cap Rate

506 S San Vicente Blvd
Los Angeles, CA 90048
Hancock Park


HIGHLIGHTS

  • Prime Beverly Hills–Beverly Grove Border Located in one of L.A.’s most affluent and high-traffic retail corridors with 38,000+ VPD.
  • Fully Leased NNN Retail Investment Long-term lease in place with a premium dispensary tenant plus separately leased billboard.
  • Passive Billboard Income with Digital Upgrade Potential Existing billboard lease offers reliable ancillary income; conversion to digital upside
  • Turnkey, Recently Renovated Building (2024) Fully upgraded interiors and showroom; includes 16' ceilings and a 10'4" roll-up door with alley access.
  • Excellent Connectivity and Future Growth Walking distance to major landmarks (The Beverly Center, SLS Hotel, Trader Joes) , 1mile Metro Purple Line

OVERVIEW

Kidder Mathews is pleased to present 506 S San Vicente Boulevard, a fully leased NNN retail investment ideally located on the border of Beverly Hills and Beverly Grove—one of the most high-demand trade areas in Los Angeles. The ±3,780 SF freestanding retail/warehouse building sits on a ±4,400 SF parcel and was recently remodeled in 2024 to accommodate a high-end retail dispensary tenant. The space features 16-foot ceilings, an expansive showroom, and a grade-level roll-up door offering functional alley access. In addition to stable cash flow from the long-term dispensary lease, the asset includes a highly visible billboard lease providing passive income. With over 38,000 vehicles per day on San Vicente Boulevard and close proximity to The Beverly Center, Cedars-Sinai Medical Center, and the forthcoming Wilshire/La Cienega Metro Station (2025), this property offers exceptional visibility and long-term growth potential. Future upside exists with the potential conversion of the static billboard to digital signage, unlocking additional income. Buyer to verify all information including square footage, lot size, zoning, and permitted uses. Broker and Seller make no guarantees or warranties, express or implied.

FOR SALE DETAILS

PRICE

$3,299,000 USD

PRICE/SF

$898 USD /SF

CAP RATE

5.76%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Beverly Hills Border | NNN+Billboard | 5.76%

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

undefined, Storefront, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,400 SF

ZONING

C2-1-VL-O

APN/PARCEL ID

5510-005-029

ASK ABOUT THIS PROPERTY

Josh JosephKidder MathewsMore Info
818-424-2696

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Josh JosephKidder MathewsMore Info
818-424-2696

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