Skip To Content

3755 Beverly Boulevard

Los Angeles (City), CA 90004
  • $8,300,000
  • STATUS: Active
  • ON SITE: 98 Days
  • ID#: 21796228
UPDATED: 83 min ago
$8,300,000
  • 0
    BEDS
  • 0.55
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): Oron Maher of Maher Commercial Realty (310-464-1453)


Description

The subject property is an existing Office building on 24,000 SF of land. Preliminary analysis suggests up to 110 Apartment Units can be built with a ground floor retail component. 3755 Beverly is a rare site where a developer can build without having to relocate any existing residential tenants, which is a cost savings, and a new project would not be subject to SB 330 which would make the project subject to rent control if existing residential units were on site. The Buyer of 3755 Beverly may be able to utilize tax advantages due to the building's location in a Qualified Opportunity Zone. 3755 Beverly is located near various employment centers and as its location is near the 110 Freeway gives easy access to Downtown LA, Hollywood, and the San Fernando Valley. 3755 N Beverly lies at the intersection of Koreatown, Virgil Village, Historic Filipinotown, East Hollywood, and Silverlake. The immediate neighborhood is going through a rapid transition with a number of multi-family residential and commercial developments recently completed or under construction. A 68 unit project is under construction a couple blocks north on Oakwood Ave. To the south, a 490 unit mixed use project is planned. A 121 unit project was just completed on Mariposa and3rd Street. The location is within walking distance of the Beverly/Vermont Metro and in close proximity to trendy Los Feliz and Silverlake Nearby food and culture amenities include immensely popular Sqirl, Cafecito Organico, The Dog Caf, and Gabba Gallery.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-25T14:28:52.59. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or CENTURY 21 Jordan-Link & Co.. Licensed in the State of California, USA.
www.century21jordanlink.com/homes/122541917
Print Image

3755 Beverly Boulevard Los Angeles (City), CA 90004

  • Price: $8,300,000
  • Status: Active
  • On Site: 98 Days
  • Updated: 83 min ago
  • ID#: 21796228
0
Beds
0
Baths
0
½ Baths
0.55
Acres
Neighborhood:
C17 - Mid-Wilshire
County:
Los Angeles
Area:
C17 - Mid-Wilshire
Property Description
The subject property is an existing Office building on 24,000 SF of land. Preliminary analysis suggests up to 110 Apartment Units can be built with a ground floor retail component. 3755 Beverly is a rare site where a developer can build without having to relocate any existing residential tenants, which is a cost savings, and a new project would not be subject to SB 330 which would make the project subject to rent control if existing residential units were on site. The Buyer of 3755 Beverly may be able to utilize tax advantages due to the building's location in a Qualified Opportunity Zone. 3755 Beverly is located near various employment centers and as its location is near the 110 Freeway gives easy access to Downtown LA, Hollywood, and the San Fernando Valley. 3755 N Beverly lies at the intersection of Koreatown, Virgil Village, Historic Filipinotown, East Hollywood, and Silverlake. The immediate neighborhood is going through a rapid transition with a number of multi-family residential and commercial developments recently completed or under construction. A 68 unit project is under construction a couple blocks north on Oakwood Ave. To the south, a 490 unit mixed use project is planned. A 121 unit project was just completed on Mariposa and3rd Street. The location is within walking distance of the Beverly/Vermont Metro and in close proximity to trendy Los Feliz and Silverlake Nearby food and culture amenities include immensely popular Sqirl, Cafecito Organico, The Dog Caf, and Gabba Gallery.
Exterior Features

Parking Total 0 View None View YN No

Property Features

Additional Parcels YN Yes Association Fee 0 Listing Agreement Seller Reserved Listing Service Full Service Senior Community YN No Special Listing Conditions Standard Zoning C2-2



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-25T14:28:52.59. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or CENTURY 21 Jordan-Link & Co.. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_367439106-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_367439106-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_367439106-1.jpg
Logo
CENTURY 21 Jordan-Link & Co.
2009 West Feemster Avenue
Visalia CA, 93277
Listing Agent(s): Oron Maher of Maher Commercial Realty (310-464-1453)