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451 Silver Lake Boulevard

Los Angeles (City), CA 90026
  • $4,200,000
  • STATUS: Active
  • ON SITE: 146 Days
  • ID#: PW24121607
UPDATED: 60 min ago
$4,200,000
  • 0
    BEDS
  • 0.38
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1956
County:

School Ratings & Info

Listing Agent(s): Yaxkin Velasquez of Reaz Realty (714-251-6292) and Mona Bottros of ()


Description

Nestled in the vibrant heart of Echo Park, this unique property offers a blend of commercial and classic Los Angeles charm. Currently configured as a restaurant with a long-term lease with an established company, this 3,698 sq. ft. building sits on a 6,355 sq. ft. lot, presenting a rare opportunity for both investors and entrepreneurs. Prime Location: Situated just off the freeway, the property is centrally located between the bustling Downtown LA and the iconic Hollywood commercial corridors. Additional land. An adjacent parcel across the street on Robinson Street offers an extra 10,328 sq. ft. of land, perfect for expansion or additional development. The property currently holds a liquor license. Owner willing to carry based on offer. Owner willing to carry based on offer.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-12T19:28:21.26. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Mainstreet Realtors®. Licensed in the State of California, USA.
www.mainstreetgroup.com/homes/151775358
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451 Silver Lake Boulevard Los Angeles (City), CA 90026

  • Price: $4,200,000
  • Status: Active
  • On Site: 146 Days
  • Updated: 60 min ago
  • ID#: PW24121607
0
Beds
0
Baths
0
½ Baths
0.38
Acres
1956
Built
Neighborhood:
C21 - Silver Lake - Echo Park
County:
Los Angeles
Area:
C21 - Silver Lake - Echo Park
Property Description
Nestled in the vibrant heart of Echo Park, this unique property offers a blend of commercial and classic Los Angeles charm. Currently configured as a restaurant with a long-term lease with an established company, this 3,698 sq. ft. building sits on a 6,355 sq. ft. lot, presenting a rare opportunity for both investors and entrepreneurs. Prime Location: Situated just off the freeway, the property is centrally located between the bustling Downtown LA and the iconic Hollywood commercial corridors. Additional land. An adjacent parcel across the street on Robinson Street offers an extra 10,328 sq. ft. of land, perfect for expansion or additional development. The property currently holds a liquor license. Owner willing to carry based on offer. Owner willing to carry based on offer.
Exterior Features

Entry Level 1 Lot Features Corner LotCul-De-Sac Sign On Property YN No

Interior Features

Heating BaseboardElectric Heating YN Yes

Property Features

Additional Parcels YN Yes Anchors Co Tenants 1 Cap Rate 6.5 Common Interest None Current Financing Private Gross Scheduled Income 233035 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanContractOwner Will CarryOwner May Carry Number Of Units Leased 1 Operating Expense 53965 Property Sub Type Special Purpose Special Listing Conditions Standard Tax Annual Amount 9739.45 Tax Year 2023 Utilities Electricity ConnectedNatural Gas ConnectedWater Connected Vacancy Allowance Rate 3 Water Source Public Zoning RSTRNT BLDG



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-12T19:28:21.26. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Mainstreet Realtors®. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_2_372930264-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_2_372930264-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_2_372930264-2.jpg
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Mainstreet Realtors®
10300 Fourth St. Ste 100
Rancho Cucamonga CA, 91730
Listing Agent(s): Yaxkin Velasquez of Reaz Realty (714-251-6292) and Mona Bottros of ()