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Roseann Oesterreich, CRS, GRI
FOR SALE
$3,900,000

4067 Beverly Boulevard
Los Angeles, CA 90004

Business Opportunities
Commercial
7,990
Sq. Ft.
0.3504
Acre Lot
Listing Agent: Neema Ahadian - Marcus & Millichap; neema.ahadian@marcusmillichap.com
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PRIME LOCATION:Situated in the sought-after Oakwood/Melrose Hill area of Los Angeles, with coveted corner lot access to Beverly Blvd. BUILDING AND LOT:Spans 7,990 SF across two lots totaling 15,262 SF, offering significant development potential. TENANT COMPOSITION:Currently housing 5 under-market month-to-month tenants, presenting an opportunity for immediate rental upside. IDEAL CONFIGURATION:Well-suited for owner use, particularly for medical or industrial purposes, with existing unit configurations. PARKING COMPLIANCE:Site complies with the 2/1,000 SF medical parking requirement, enhancing its appeal for medical or industrial tenants. RENTAL UPSIDE:Potential for increased rental income with current tenants on month-to-month leases. VERSATILE SPACES:Features approximately 2,540 SF of retail space and a 5,450 SF industrial component, easily divisible to accommodate various businesses. RARE PARKING AVAILABILITY:Offers high-level parking, a rarity in the area, enhancing accessibility for tenants and customers. ZONING AND DEVELOPMENT POTENTIAL:Zoned C2 Tier 3 with eligibility for ED1, providing significant development opportunities. ENTERPRISE ZONE AND OPPORTUNITY ZONE:Located in the State Enterprise Zone and designated as an Opportunity Zone, offering potential tax benefits. STRATEGIC LOCATION:Positioned between Vermont and Western, boasting over 230 feet of frontage on bustling Beverly Blvd. ACCESSIBILITY:Easy access to the 101 freeway, Metro B line, Vermont/ Beverly Metro stop, as well as nearby amenities such as restaurants, bars, schools, and cultural landmarks. This mixed-use retail industrial property presents an exceptional investment opportunity in a highly desirable location with immense potential for growth and development.
24378713
Commercial - Business Opportunities, Other
1925
Los Angeles
0.3504 Acres
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Listing Agent: Neema Ahadian - Marcus & Millichap; neema.ahadian@marcusmillichap.com
Licensed in: DRE# 01346750
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