Keegan Cin | Realtor® | License # DRE 01971604

Property

Los Angeles, CA 90026 451 Silver Lake Boulevard

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Presented By: Yaxkin Velasquez with Reaz Realty; 562-7629634
  • MLS# PW24121607
  • 06/18/2024
  • Request Tour
  • Request Info
  • SQFT • 3,698
  • Year Built • 1956

Home Details

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.
Presented By: Yaxkin Velasquez with Reaz Realty; 562-7629634

Interior Features for 451 Silver Lake Boulevard

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesNone
LivingAreaSourceAssessor
Total Stories1

Other Rooms

Entry Level1

General for 451 Silver Lake Boulevard

Additional Parcels Description5401012008
Additional Parcels Y/NYes
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate6.5
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
Current FinancingPrivate
Directionsfrom the 101 Fwy Take exit 5B for Silver Lake Blvd
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HeatingBaseboard, Electric
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToNewLoan, Contract, OwnerWillCarry, OwnerMayCarry
Lot Size Square Feet16668.0
Lot Size UnitsSquareFeet
MLS AreaC21 - Silver Lake - Echo Park
MobileHomeRemainsYNNo
New ConstructionNo
Number of Units Leased1
Occupancy TypeTenant
Operating Expense53965.0
Property Attached Y/NNo
Property Sub Type AdditionalSpecialPurpose
Property SubtypeSpecialPurpose
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Annual Amount9739.45
Tax Year2023
UtilitiesElectricityConnected, NaturalGasConnected, WaterConnected
Year Built1956
Year Built SourceAssessor
ZoningRSTRNT BLDG

Exterior for 451 Silver Lake Boulevard

Building Area Total3698.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCornerLot, CulDeSac
Lot Size Acres0.3826
Lot Size Area16668.0
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Number of Buildings1
Open Parking Y/NNo
Private PoolNo
SpaNo
Water SourcePublic
WaterfrontY/NNo

Additional Details

Price History

Alexandra Eston

Sales Associate
Price $4,200,000
MLS#PW24121607
List Date 06/18/2024
Property Type Commercial
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