For Sale

$2,600,000

3251-3255 Beverly Blvd, Los Angeles, CA 90057

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Property Description

Introducing the perfect investment opportunity at the major corner of Beverly and Hoover! This corner retail building boasts an equipped restaurant and a coin laundry facility, making it a lucrative prospect for entrepreneurs seeking immediate income at market rates. With all units currently vacant, you can start earning returns right away. The property offers ample parking space, ensuring convenience for customers, and with a bus stop located right in front, accessibility is never an issue.Beyond its present potential, this property also presents an exciting opportunity for redevelopment. With a generous 11,132 sq ft of C2 zoning, you have the potential to build 27 units by right or take advantage of the TOC density bonus to construct up to 41 units. Don't miss out on this prime location and the endless possibilities it offers for both immediate income and future growth!
Introducing the perfect investment opportunity at the major corner of Beverly and Hoover! This corner retail building boasts an equipped restaurant and a coin laundry facility, making it a lucrative prospect for entrepreneurs seeking immediate income at market rates. With all units currently vacant, you can start earning returns right away. The property offers ample parking space, ensuring convenience for customers, and with a bus stop located right in front, accessibility is never an issue.Beyond its present potential, this property also presents an exciting opportunity for redevelopment. With a generous 11,132 sq ft of C2 zoning, you have the potential to build 27 units by right or take advantage of the TOC density bonus to construct up to 41 units. Don't miss out on this prime locati...
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Area & Lot

Year Built
1980
3251-3255 Beverly Blvd

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Work With Vinnie

With over a decade of experience in property management, development, interior design, renovation and sales, Vinnie Park has built a solid reputation as a highly trusted, hardworking broker with extensive market knowledge and unmatched devotion to his clients.