WESTMAC Commercial Brokerage Company and Sotheby's International Realty are pleased to present the opportunity to acquire 1032 N Coronado Street, a multifamily property in Silver Lake, steps away from bustling Sunset Boulevard. Construction on this multifamily property was completed in 2024, and tenants have begun moving in. Nineteen of the thirty-three units are leased so far. This newly constructed property comprises thirty-three (33) units. The building is approximately 19,800 SF on approximately 7,500 SF of land. There are three (3) studios, three (3) balcony loft units, twenty-five (25) one-bedroom units, and two (2) two-bedroom units, spread out among four (4) floors above grade. Four (4) of the units are low-income. All units feature high-end cabinetry imported from Spain, as well as brand-new black brushed stainless steel appliances, including custom built-in dishwashers. Rental rates range from $2,000 to $4,300 per month. Tenants can enjoy two floors of secured parking totaling twenty-six (26) spaces, and a rooftop deck with cabanas and a gym that overlooks the expansive views of Silver Lake, Hollywood, Griffith Park, and beyond. The location of this property is second to none. It is situated on the border of Silver Lake and Echo Park, on the corner of Coronado and Sunset Boulevard. This desirable corner of Los Angeles is full of hip restaurants, bars, coffee shops, boutique stores, fitness studios, and more. The Silver Lake Farmers' Market occurs on Tuesdays and Saturdays just a few blocks from the property. Popular restaurants Silverlake Ramen, Greekman's, and Pijja Palace are only a three-minute walk from the property. The neighborhood has a Walk Score of 93. Coronado Street connects directly with the 101 freeway. Building tenants need only drive one minute to hop on the freeway, connecting them to Downtown LA, Hollywood, and beyond. A few blocks down on Sunset is Glendale Boulevard, which connects to the 2 freeway going to Northeast LA and Glendale. Adjacent to the subject property is a 603 bus stop, which runs from Downtown LA, through Silver Lake and Echo Park, and into Atwater Village and Glendale. On the other corner is the 2 bus, which travels from South Central to Echo Park, down Sunset Boulevard to UCLA in Westwood. USC is only a 10-minute drive from the subject property, and there are five major medical centers within two miles, including the new GenevaCho Medical Center. This is an excellent opportunity for a multifamily investor to own property in an ideal Silver Lake location where rental rates are notoriously high.
This beautiful renovated Worship Center features an inviting sanctuary with vaulted ceilings. The church seats approximately 225, and it is equipped with dazzling crystal chandeliers. The pulpit has space for a choir, and musical band section. The baptismal pool is nestled center stage behind the display glass opening. There is a sound system, sound booth, and musical instruments. Camp David/Fellowship Hall is equipped with a full commercial kitchen, commerical refrigerator (1 years old), commercial stove, fryers, sink, and dishwasher. This area is ideal for weddings, receptions, funerals, repass, birthday celebrations etc. There is a spacious restroom, wall televisions, and seating for approximately 100. The church also has a bathroom, with separate shower.
Prime mixed-use commercial/residential property in a desirable area of South Los Angeles. This property boasts a 3-unit commercial building, with each unit approximately 833 sqft, and a spacious two-story, 2-bedroom, 2-bath house situated behind the commercial space. The house offers approximately 1,439 sqft of living space, featuring one full bathroom and one half-bathroom, with recent interior upgrades. It also includes alley access for parking. Conveniently located near LA Southwest College, with easy access to the 105, 405, and 110 freeways.
SCREAMING DEAL! Income of $3,200 for commercial use of the lot for storage purposes by the existing tenant PLUS an additional $2,000 for the lease of the existing sign/billboard located onsite at the NE corner of the lot by another tenant with gross income totaling $62,400 per year! Buy it for its income stream alone or collect income while you entitle it for redevelopment. Almost a 9% cap rate based upon gross income with zero maintenance and management expenses! The sign lease is on a month to month holdover basis and can be increased or terminated at any time. Seller states that the sign has been there for years, used by the same lessee, and the lessee desires to continue to lease it if it is offered to the lessee by the buyer. If desired, the sign can be removed by the buyer at any time in the future but it should not obstruct any development should it remain in place based upon it being located at the very corner of the lot. The lot is currently being leased on a month to month holdover basis but the ownership also states that the tenant would prefer to renew the lease. The buyer can make their own decision and/or renegotiate new leases after close of escrow. Property will be delivered with tenants in possession for income producing purposes until buyer decides preference. Historical redacted bank statements attached to show rental payments by the tenants. Recent bank statements provided with an accepted offer at request. Great opportunity to own a rare flat level lot zoned C3 for commercial and residential uses. Although sold for land value only, there is an existing vacant home on the site but it is considered to be a teardown. Seller had tentative verbal approval for a 6-unit development allowed by right along with a 24-hour post office box business with a great income potential with very limited competition. See the renderings for the proposed building and business. Architect may be available to be hired to continue with the approval process for the proposed development, if desired. Additional photos of another post office box business are included for visualization purposes. Repurpose the property as desired or use it as-is. With new codes, it should allow for both residential and commercial development with a potential for residential low-income bonus developments and ADU's. Easy to build-out with all utilities in place. Both street access and convenient alley access for more development choices and opportunities. Completely fenced, locked, and secure. Property may also be suitable for multi-family residential, single-family dwelling, commercial and/or residential condominium project in addition to a commercial and residential development by right. The restrictive SB-8 may not apply due to the property being commercial. Property is located in Los Angeles but within a small unincorporated pocket under the jurisdiction of the County of Los Angeles. Check with the County and your architect for all details related thereto. Extraordinary opportunity for a large, scarce, flat, unique, and desirable property along a major thoroughfare. Sold in its present condition and "as is". No warranties of any kind or representations made regarding the property whatsoever. Buyer to conduct their own independent investigations. Standard sale. No court approval necessary. Copies of leases, now on a month to month basis, are included herein for reference. Because it is being sold for land value only and its income stream, an interior view of the house will only be allowed upon an accepted offer and only if deemed necessary and requested by the buyer because the house is considered to be a teardown. Also, because it is being sold for land value, sign, and its income stream only, drive-by the property at any time and feel free to view it along Vermont and/or the alley at the rear of the property. Also, feel free to view aerial photos readily available on the WWW. Do not disturb occupants. Incredible deal. Make it yours.
Welcome to this Amazing opportunity to own a Great Producing 8 Unit Commercial Property located in the Heart of East Los Angeles that is generating great rental income already but has a ton of more potential room for growth. This property consist of 7 units 1 Bedroom 1 Bathroom and 1 Unit 3 Bedroom and 1 Bathroom. The property was just freshly painted on the exterior, a new roof was put in recently, and property has been well maintained. This property has its own laundry room with coin operated machines for tenants use and will generate extra income for you. Property is located on the County Side where water bill is cheaper and has a low cost to maintain the property. The property is located in a highly desirable area of East Los Angeles located steps away from the famous Whittier corridor and close to many shopping stores and major freeways 5, 710, and 60 FWYS. Due to it's location vacancies are a thing of the past when a property comes up for rent there's a line of tenants looking to rent. You wont want to miss this opportunity perfect for a 1031 Exchange or any one looking to tap into Commercial Real Estate. See you in Escrow :).
Prime investment opportunity in an excellent West Los Angeles neighborhood. Close to the 405 freeway, shopping, restaurants and only minutes to downtown or Santa Monica beaches. 2 of the 8 units are vacant and ready for new market rate tenancies. The building has been retrofitted according to the owner. Some of the units have been remodeled and show well. This rare and seasoned investment affords the new owner with great upside potential. Competitively priced, this is a very attractive investment opportunity.
810 South Robertson Blvd.Los Angeles, 90035(West side of the street is Beverly Hills)810 is a unique building with mix of contemporary and traditional architecture. A two (2) story office/retail building consisting of approximately 2841 square feet, the building has been totally renovated inside and out 1st floor has several office spaces, two bathrooms (one large and one small) a complete kitchen, large waiting/reception room with custom made couch and chair, A hallway with sink and mirrored closet and extra storage cabinet. A custom bar with sink including custom made bar stools and storage space behind the bar2nd floor with 2 office spaces with a full bathroom *large master room with a custom full bath with custom glass counter lots of extra storage and closets a flex space that has functioned as live/work spaceadditional features include, stair lift/chair between floors if needed over a carpeted staircase.Back of the building parking can accommodate 6-7parking spacesthis building is so unique ~ we invite you to come visit (by appointment only)
A Fabulous & unique Mixed Use opportunity. Welcome to 424 Bamboo Lane, the epitome of urban chic in the heart of Los Angeles' vibrant Chinatown. This stunning 3-floor loft is designed for those who appreciate the finer things in life, offering an unrivaled blend of modern luxury and cultural charm.With three studio rooms in the basement & a full kitchen with all appliances, this versatile space is perfect for creative endeavors or hosting guests, providing both privacy and flexibility. The high ceilings on the main floor amplify the natural light and spaciousness, creating a grand and open atmosphere that is ideal for any event.The rooftop is a true oasis, adorned with lush turf and offering breathtaking views of the cityscape. Ideal for entertaining or unwinding after a long day, this space serves as your personal sanctuary in the sky.What truly sets 424 Bamboo apart is its potential as a revenue-generating asset. The loft can be easily operated as a studio or event space, making it a lucrative investment opportunity. The dynamic layout and prime location make it perfect for hosting events, photo shoots, and private gatherings, providing a consistent stream of recurring revenue.Nestled in the dynamic Chinatown district, 424 Bamboo Lane is just steps away from the best nightlife, dining, and cultural experiences Los Angeles has to offer. Savor the flavors of renowned restaurants, explore unique boutiques, and immerse yourself in the lively community that surrounds you. Chinatown is a bustling neighborhood known for its rich history, diverse culinary scene, and vibrant street life. Living at 424 Bamboo Lane places you at the nexus of tradition and modernity, with everything from classic dim sum spots to contemporary art galleries in close proximity. The area is also well-connected, making it easy to access other parts of Los Angeles, whether you're commuting for work or exploring the city's many attractions.With its unbeatable location, luxurious amenities, and distinctive character, 424 Bamboo Lane offers a lifestyle like no other. This is more than just a place to live it's your gateway to the ultimate Los Angeles experience and a unique opportunity to capitalize on the vibrant energy of Chinatown.
Owner/User Opportunity! Developer, Builder, Investor! 3 retail storefronts on prime high traffic Whittier Blvd, can be combined to create a larger unit. Room for upside add value on this generously sized 9,905 sqft parcel. Close to Downtown LA, Art District.
We are proud to present 7021 S Vermont Ave & 1000 W 70th St (2 APNs), which consists of a 9,334sf located on 17,828sf of land. The commercial property is configured with a 5,260sf auto use building and an adjacent 4,074 SF commercial building, respectively, in the heart of Los Angeles. With (3) single door bays and (2) doublewide bays, along with ample parking on a corner lot with high visibility and street exposure, this property is well positioned for a commercial automotive tenant in an extremely dense market with hundreds of thousands of potential customers. With the second, adjacent commercial building off of 1000 W 70th St, this opportunity offers multiple investment strategies, whether it be an owner-user, investor, or developer. Contact the listing broker for additional information.
This quaint 4 units plus bonus room building is located less than 2 miles from the famous KIA Form & SOFI Stadium. Each unit boasts a little over 1,400 Sq. Feet each. Every unit has one or more recent upgrades makes it the perfect investment opportunity for an owner user. Property also incudes a space for a billboard sign that can be rented out for additional income.
Amazing Opportunity for mixed use zonesCommercial Building with zoning LCC3YYBordering on the corner lot of Firestone Blv and Graham. Great location, very active and busy areaLiving Quarters located next to commercial buildingIron fence located on Graham securing lot for 6 car parkingConveniently within walking distance to Metro Firestone Station
Fantastic location in the heart of Larchmont Village. Perfect for office, retail, medical, or a creative studio space. Features on-site parking, full kitchen, gated driveway and 2 car garage. Property is zoned C2 for a wide variety of allowable uses. Property sold As Is. Buyer to comply with seller's 1031 exchange timeline. Can be sold as part of portfolio or individually including 135 N Rossmore Ave (The William Pereira Residence, 1960) and 2916 Marathon St (Spanish 5-Plex in Silver Lake)
FULLY RTI READY STACKED DESIGN 3 story apartment Building with all its permits, soil report, rendering, architectural... to built 38units what are 100% affordable housing development. Total 20,640 S.F. w great mix of 36 One bedrooms and 2 Two bedroom units. This was PREVIOUSLY and MOTEL which is now fully demolished and you can start breaking ground from DAY ONE! The design and its 3 story hight allows for the cheapest construction cost and allows for the use of cost efficient material compared to higher rise buildings. Don't miss out on this great project if you're a developer! Contact the agent for any supplemental information/ rendering...
***The property has never been use as a gasoline station. and Seller WILL PROVIDE PHASE 1 AND PHASE 2 to serious buyers with LOI, please see supplementals for all certificate of occupancies*** WE proudly present this wonderful investment opportunity in one of the hottest and upcoming neighborhoods of Los Angeles Known as Hyde Park, a neighborhood that is only 1.5 miles from Inglewood and already has million dollar single family residences. This building is the PERFECT for a developer or for an owner-user buyer that has an automotive business because it will be delivered VACANT at the close of escrow, which means that you can qualify for an SBA loan and purchase this property with as little as 10-15% downpayment ($210k), WOW! This property has previously operated businesses such as: Auto heating & cooling, service repair, wheel alignment, auto electric, transmission services, and auto registration. At the moment, the property the is equipped with 4 double bays, 3 ton crane, 8 air lines (2 on each bay), alignment machine with 2 lifts, 2 electrical meters with strong power, office space separate from work station, and great access to the station with 11ft height doors. Property is also zoned LAC2 Tier 2. A developer can potentially build up to 28 units using TOC density bonus. Because the property will be delivered vacant, it allows for a buyer with a different trade to come and relocate if they satisfy the city's standards and usage requirements, or they can purchase and rent to a suitable business. This property sits on a desirable location with heavy foot traffic. 2027 located couple miles from the Crenshaw/LAX Transit Project and the Baldwin Hills Crenshaw Plaza Master Plan Project. This pocket's target is to invest an estimate of $1B in the next 4-6 years. Other near businesses and retailers include Well's Fargo, McDonalds, US postal service, SOFI stadium (2mi), LAX airport (6.5mi), and Silicon Beach.
We proudly present this historic architecture religious and/or educational facility that could also be used for redevelopment info multi-family housing. With C2-1-CPIO, TOC Tier III zoning and ED-1 Fast Track eligibility a developer can build up to 19 units on the site. The main sanctuary sits 164 and there is an additional area that could serve as overflow seating. The main sanctuary leads to a private office, a large shared office, a full kitchen, three individual user restrooms (that appear to be ADA), a baptismal area and a fellowship hall that could easily hold 100 people. Unique architectural features such as elaborate steeples, rich dark wood and vibrant stained glass this building is sure to impress the most discerning buyer.
Investment Opportunity in South Los Angeles!Discover potential in this 1924-built, 5-unit property located at 1366 E 57th Street. Situated on a sprawling 10,796 sqft lot, with a building size of 2,356 sqft, this property offers ample space for renovation or remodeling. Currently, 2 of the 5 units are tenant-occupied on month-to-month agreements, providing immediate income potential or the flexibility for new ownership.Ideal for investors looking to capitalize on a prime location and substantial lot size, this property invites creativity and vision. Don't miss out on this chance to own a piece of Los Angeles real estate with significant value-add potential!
Graet Oppertunity!!!!!! Start your new business or expand your current, in the greater Los Angeles, Conveniently located on a main street near Highways,shopping centers, public transportation, BMO Statium, LA Memorial Coliseum, USC, Sofi Stadium and much more, as well as residential neighborhoods,Dont miss out on this property immense potential.
This is a lot with over 10,000 sq ft with a small building that is has been recently upgrade .Records show aprox. 252 sq ft but it is like 400 sq ft is been use as an office with a bath and a small kitchen lot is been upgraded with new cement and a nice wrought iron fence lot of possibilities check with LA County Public Works Department Building and Safety South West Office for possible uses the actual Zoning is MU-1.
Introducing 3811 & 3809 1/2 Bagley Ave. combination in the Heart of Downtown Culver City/Office/Residential !! This unique property effortlessly blends residential and commercial space, accommodating to innovative professionals, entrepreneurs, and investors alike. The main building features Bottom retail space and four units up top. Each upstairs unit features 1 Bedroom, 3/4 Bath, and Kitchenette. Surrounded by The Culver Studios, Culver Hotel, Sony Pictures, aswell as shops and restaurants, this property is in a vibrant neighborhood! Delight in trendy cafes, bars, and eateries such as Chicas Tacos, Rocco's Tavern and the Meet in Paris French Bistro. With potential rental income and a desirable location for both living and business, each unit presents a fantastic investment opportunity. The versatile spaces can be rearranged to meet your needs, providing multiple revenue sources. Don't overlook this amazing opportunity to own a vibrant property in a highly desirable neighborhood, where innovation and potential intersect!
CALL FOR OFFERS: Friday July 5th 5pm. 416-424 Wall Street is a two-story Retail Storefront/Retail Office property in Downtown Los Angeles. Built in 1917, it encompasses 23,940 SF with eleven suites on a 15,010 SF lot, ten free surface parking spaces, and is zoned LAC2. 416-424 Wall Street is situated on the corner of Wall St. and Winston St., with traffic counts exceeding 9,000+ cars daily.The subject property boasts a prime, high-traffic location, with a prominent street presence of an impressive 146 Feet of frontage on Wall Street and 102 Feet on Winston Street.The exceptional Location Score of 92, a Walk Score of 96, and a Transit Score of 100 create unparalleled convenience for this retail center for customers and employees.
920 N Bonnie Beach Place is a commercial kitchen, 625 square feet, situated on a 3,444 square foot corner lot with a tenant currently on a month-to-month lease with the desire to stay. With the changing landscape in how we access food, this property is strategically set up to perform for the long term. The asset is located directly across the street from William Anton Elementary School, and is zoned R2/LCK2* while also being in an Opportunity Zone. This provides for future or current tac benefits that are extremely desirable and rare. The neighborhood of City Terrace is part of incorporated East Los Angeles. Metro's E Line (light rail) along with Metro's bus service connects residents and patrons throughout LA with convenient transportation. This deal is perfect for an investor seeking a secure, performing property, with value-add and development potential. An owner-user in the food delivery space could find this to be the best home for their business due to the location's proximity to DTLA, the 10 fwy, 710, 101 and the I5. You don't want to miss this opportunity to own a slice of LA's thriving real estate market!
CALL FOR OFFERS: Friday July 5th 5pm. 350 S. Los Angeles Street is a Retail Storefront Property in Downtown Los Angeles. Built in 1996, it has 9,780 SF, ten suites, nine tenants, and one vacant suite on a 9,723 SF corner lot. 350 S. Los Angeles St. is situated on the corner of Los Angeles St. and Boyd St., which is heavily traveled, with traffic counts exceeding 15,000 cars daily. The Subject Property boasts a prime, high-traffic location, prominent street signage, and a strong street presence, with an impressive 123 Feet of frontage on Boyd Street and 94 Feet on S. Los Angeles Street, ensuring maximum visibility and potential for increased foot traffic. The exceptional Location Score of 99, a WalkScore of 96, and a Transit Score of 100 underscores the unparalleled convenience of this retail center for customers and employees, making it an ideal investment opportunity.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Based on information from CRISNet MLS as of 9/8/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
