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$4,200,000

Est. payment - /mo

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0.38 Acres Lot

Active

451 Silver Lake BLVD Los Angeles, CA 90026

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Allen Yabko

[email protected] +1(213) 453-2951

UPDATED:

12/05/2024 05:18 AM

Key Details

Property Type Commercial

Sub Type Special Purpose

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW24121607

HOA Y/N No

Year Built 1956

Annual Tax Amount $9,739

Tax Year 2023

Lot Size 0.383 Acres

Lot Dimensions Assessor

Property Description

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.

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Zoning RSTRNT BLDG

Interior

Heating Baseboard, Electric

Fireplace No

Laundry None

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Water Connected

Building

Lot Description Corner Lot, Cul-De-Sac

Story 1

Water Public

Others

Tax ID 5401012001

Acceptable Financing Cash, Cash to New Loan, Contract, Owner Will Carry, Owner May Carry

Listing Terms Cash, Cash to New Loan, Contract, Owner Will Carry, Owner May Carry

Special Listing Condition Standard

Listed by Yaxkin Velasquez • Reaz Realty • 562-7629634

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Allen Yabko

Agent | License ID: DRE 02074553

+1(213) 453-2951