5221 E Beverly Blvd - Storefront Retail/Residential FOR SALE


East Los Angeles, CA 90022
$999,900 USD
562-818-0971
5221 E Beverly Blvd, East Los Angeles, CA for Sale
$999,900 USD
Storefront Retail/Residential - FOR SALE
1/27
null | Request Cap Rate

5221 E Beverly Blvd
East Los Angeles, CA 90022


HIGHLIGHTS

  • Wow! Wow! Wow! Come see this amazing Opportunity to own a mixed-use property located near the 2 major cross streets: Atlantic and Beverly.

OVERVIEW

Wow! Wow! Wow! Come see this amazing Opportunity to own a mixed-use property located near the 2 major cross streets: Atlantic and Beverly. Come take a look at this downstairs recording studio with 2 handicap accessible bathrooms. Downstairs area measures an estimated 2,000 sq ft with a possibility of converting it into a store front. The studio has a recording booth, a special vocal recording area, with sound proofing all around the downstairs, special lighting, sound boards for better acoustics, and custom electrical work. This place can handle any studio needs you might have. There is a small lounge area that connects to the recording booth, allowing you to hang out or take calls while others work. There is also a 2-car attached garage with a separate entrance that can be used for storage or converted into an ADU for Additional potential income. The Lot feels much bigger and would be a perfect place to host events, given the privacy provided by the building and the fence surrounding the backyard. Once you see the property, you can picture intimate events taking place there. The opportunities are exponential. Upstairs, has 3 bedrooms / 1 bathroom unit with a kitchen and living room. This unit has separate entrances at both the front and the back. This upstairs unit has refinished hardwood floors that beautifully stand out and is ready to move into. Property has AC and 3 separate electrical meters, allowing the new owner to divide the space differently than its current configuration. Come take a look at this Gem today. Owner's architect checked with the County Regional Planner and this property is zoned for Max Density (7) dwelling units with no Minimum parking required.

FOR SALE DETAILS

PRICE

$999,900 USD

PRICE/SF

$276 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1949

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,750 SF

ZONING

C3, L.A. County

APN/PARCEL ID

5249-031-001

ASK ABOUT THIS PROPERTY

Joe De La TorreLegends RealtyMore Info
562-818-0971

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

Joe De La TorreLegends RealtyMore Info
562-818-0971

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