Price Reduced Listing
5717 E Beverly Boulevard , Los Angeles, CA 90022
Los Angeles, CA 90022
Description
*****NEW LOW PRICE*****Nestled in the vibrant heart of East Los Angeles (Bordering Montebello), this exceptional property on the prestigious Beverly Blvd offers a unique blend of prime location and versatile potential. Spanning a spacious Private Lot with plenty of Parking, this property is strategically positioned to take advantage of high visibility and foot traffic, making it an ideal choice for retail, office, or mixed-use development. With its close proximity to major Restaurants and shopping malls, transportation links to the Metro Rail at the Atlantic Station and easy access to the 10 freeway, the 101 and the 5 Freeways. All Encompassed by a thriving local community, this location provides an outstanding opportunity for entrepreneurs and investors alike. This Building boasts Venetian style Stucco, Custom Steel Staircases (Private Entries) and Marble Toscano Columns surrounding the Private patio area and the Solid wood Pergola in the Front Driveway Entry. Property also features private Front Entry and 2 Exterior Steel Frame Staircases. This Amazing piece of Real Estate Features an Office Suite with Exceptionally beautiful Coffered Ceilings Featuring Recessed Lighting. This Main Office Suite also feature Private en Suite bathroom and personal Fireplace, and From Floor to Ceiling Classic traditional Raised Panel Wainscoting. This incredible piece of real estate is offering a solid foundation to customize and create a space that perfectly fits your vision. Don’t miss out on this rare chance to own a piece of Beverly Blvd with immense potential for growth and success. Contact me today to explore how this office space can be the next strategic move for your business or investment portfolio. Upstairs has private stairwell entry and can easily be converted into living space under AB 2011 and SB6 (Took affect on July 1st, 2023). Downstairs has private entry points in the rear and the front of the property as well, with a 2 car garage (Easily Converted) and plenty of parking available. This new Legislation allows RES Development on Commercial Zoning, it overrides Local Zoning regulations, allows for residential development in commercial Zones where otherwise prohibited in the past. Lot has space for ADU (From 850 sq ft to upwards of 1,200 sq ft) in the Back as well as a Junior ADU (Maximum of 500 sq ft) on side of property, it is recommended to verify and confirm this INFO with City of Los Angeles regarding all regulations involved in ADU Additions.
Details
| MLS# | DW24167755 |
|---|---|
| Listing Type | For Sale |
| Style | Office Building |
| Sub-Type | Resale |
| Status | Active |
| Year | 1961 |
| Days On Site | 34 |
| Listing Provided By | New Century Realty 323-722-5555 | Aaron Guerra |
Features
| SQ Feet | 2,870 |
|---|---|
| Story(s) | 2 |
| Building(s) | 1 |
| Zoning | LCC3 |
| Acreage | 0.17 |
Market Activity 90022
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90022 |
| Area | C16 Mid Los Angeles |
| Listing VS Median (in 90022) | |
Price: $1,199,999 low | high Med: $749,999 SqFt: 2,870 low | high Med: 1,110 $ / SqFt: $418 low | high Med: $676 On Site: 34 low | high Med: 162.000000 | |
