1618-1622 Lucile Ave | Los Angeles, CA 90026
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- LoopNet Team
1618-1622 Lucile Ave
Los Angeles, CA 90026
Mixed-Use Opportunity | Prime Silver Lake · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Strategically Located in the Heart of Silver Lake - Just North of Famous Sunset Boulevard
- Comprised of 5 Apartment Units on the Top Floor and Commercial Space at Bottom & 1 2+1 Stand Alone SFR + Laundry Room
- Tenants Enjoy a Shared Patio/Balcony Space
- An Opportunity of a Life-Time and On the Market for the First time in 50+ Years
- 2nd Floor Apartments Consist of (4) Studio Units & (1) 2 Bed & 1 Bath Unit - 1 Studio Delivered VACANT for Immediate Renovation and Market Rents
- Zoned (Q) C2-1VL-Tier 3 TOC - Allowing for Future Development Potential (Buyer to Confirm)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,395 SF
Building Class
C
Year Built
1926
Tenancy
Single
Building Height
1 Story
Building FAR
0.87
Lot Size
0.17 AC
Zoning
LAC2 - (Q)C2-1VL-Tier 3 TOC
Parking
7 Spaces (2.07 Spaces per 1,000 SF Leased)
Frontage
39’ on Lucile Ave
PROPERTY TAXES
| Parcel Number | 5429-021-031 | Improvements Assessment | $541,216 |
| Land Assessment | $2,814,322 | Total Assessment | $3,355,538 |
PROPERTY TAXES
Parcel Number
5429-021-031
Land Assessment
$2,814,322
Improvements Assessment
$541,216
Total Assessment
$3,355,538
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