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1616-1620 Silver Lake Blvd
Los Angeles, CA 90026
Mixed Use | Upper Silver Lake Village · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
9,280 SF
Building Class
C
Year Built
1927
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
0.93
Lot Size
0.23 AC
Zoning
LAC2
Parking
8 Spaces (0.86 Spaces per 1,000 SF Leased)
Frontage
101’ on Silver Lake Blvd

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. This stretch of Silver Lake is an extremely popular destination for locals who have an affinity for the local shops and eateries which include, LAMILL Coffee Shop, Alimento, The Satellite, and Yakuza Sushi. 1616 – 1620 Silver Lake Boulevard presents an unequaled investment opportunity in an “A” location with measurable future upside. Due to the property’s premier location, a combination of Retail / Restaurant and Apartments, the offering provides a unique opportunity to an investor looking stability and wealth appreciation.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 5425-023-008
  • 5425-023-009
Land Assessment
$5,326,598
Improvements Assessment
$1,310,730
Total Assessment
$6,637,328
  • Listing ID: 15478192

  • Date on Market: 3/18/2019

  • Last Updated:

  • Address: 1616-1620 Silver Lake Blvd, Los Angeles, CA 90026

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