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1616-1620 Silver Lake Blvd
Los Angeles, CA 90026
Mixed-Use Retail, Cafe and Aparments · Retail Property For Sale

Property Facts
About 1616-1620 SILVER LAKE BLVD , LOS ANGELES, CA 90026
KW Commercial, as the exclusive listing agents are pleased to present an unparalleled opportunity to acquire an outstanding Mixed-Use investment opportunity located in the highly supply constrained Silver Lake neighborhood of Los Angeles. This rare offering allows the astute investor both capital preservation certainty plus a clear path for long term wealth appreciation. 1616 - 1620 Silver Lake Blvd., located in L.A.'s historic Silver Lake neighborhood on a bustling corridor of shops and restaurants adjacent to the famous reservoir features an ideal combination of Retail / Restaurant and Apartments with +/- 9,280 SF of improvements, situated on two parcels totaling 9,996 SF of land. The commercial components include Two (2) Retail Stores and One (1) Restaurant plus a residential component featuring Six (6) Apartment units. The unique mix of commercial and residential income gives the investor two different complementary streams of revenue within an outstanding location. This offering could be considered the crown jewel of this Silver Lake neighborhood which is situated in one of the trendiest locations in Los Angeles, just north of Sunset Junction on Silver Lake Blvd. The location offers direct access to the area’s exceptional demographics of homeowners and well-heeled renters within a boutique retail and restaurant environment. The retail spaces are 100% leased and anchored by Botanica, one of Silver Lake’s most popular restaurants since it’s inception in 2017. The commercial components are rounded out with Lake Boutique, a European-inspired clothing store with a curated selection of clothing, home décor and apothecary items and Lawson Fenning, a Vintage Modern Furniture and home good store.
Property Taxes
| Parcel Numbers |
Multiple
|
Improvements Assessment | $1,310,730 |
| Land Assessment | $5,326,598 | Total Assessment | $6,637,328 |
Property Taxes
- 5425-023-009
- 5425-023-008
Listing ID: 14293429
Date on Market: 11/5/2018
Last Updated:
Address: 1616-1620 Silver Lake Blvd, Los Angeles, CA 90026
The Silver Lake Retail Property at 1616-1620 Silver Lake Blvd, Los Angeles, CA 90026 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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