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$6,750,000
Est. payment /mo
0.4 Acres Lot
UPDATED:
12/19/2024 06:04 AM
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 24350241
HOA Y/N No
Year Built 1986
Lot Size 0.396 Acres
Property Description
This signalized corner retail center presents an investor a unique opportunity to add-value to one of the hippest corners in Silver Lake, surrounded by major grocery tenants, restaurants, bars, and high walking traffic count. The subject building is +/- 10,340 square feet (per CoStar) and situated on a +/- 17,000 square foot parcel of land. The center is currently 50% vacant with the remaining tenant leases expiring in 2025 through 2026, adding significant value-add potential. The center is anchored by Pink Berry, and also includes a popular coffee shop, and veterinary clinic, and a pet store. Excellent opportunity to add additional food, entertainment, fitness, or other uses that will play to the strong retail demand and demographics of this neighborhood. Due to a covenant recorded against the title, this property is not a candidate for residential development at this time.
Location
State CA
County Los Angeles
Area 637 - Los Feliz
Zoning C4-1D
Interior
Fireplace No
Building
Story 1
Others
Tax ID 5433027030
Special Listing Condition Standard
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Listed by Oron Maher • Maher Commercial Realty
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Scott Woodburn
Real Estate Professional Knowledge Broker | License ID: 01185194
Real Estate Professional Knowledge Broker License ID: 01185194