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Investment Highlights
- 6,286 SF Freestanding Building on a generous 20,328 SF lot.
- Single-story structure with corner lot positioning allows for creative redevelopment or owner-user occupancy.
- Improved with a large meeting hall, private gated parking, and flexible interior layout.
- Zoned for commercial office use, offering potential for nonprofit, or creative workspace conversions.
Executive Summary
Lee & Associates – Pasadena is pleased to present the unique opportunity to acquire 1626 Beverly Boulevard, a ±6,286 square foot freestanding commercial building situated on a prominent ±20,328 square foot corner lot in the heart of Los Angeles. This highly visible property is strategically located along Beverly Boulevard, a major east-west arterial with direct access to Downtown LA, Echo Park, Silver Lake, and major freeways including the 101 and 110.
Originally constructed in 1954, the building features a large meeting hall, flexible office layout, and gated private parking. The property benefits from C2 zoning, making it ideal for owner-users, nonprofit institutions, local professionals, or creative office conversion.
Surrounded by a dynamic mix of residential and commercial properties, situated in a densely populated corridor, this asset presents a great opportunity for users seeking a well-located property with upside and the added benefit of a gated parking lot.
Originally constructed in 1954, the building features a large meeting hall, flexible office layout, and gated private parking. The property benefits from C2 zoning, making it ideal for owner-users, nonprofit institutions, local professionals, or creative office conversion.
Surrounded by a dynamic mix of residential and commercial properties, situated in a densely populated corridor, this asset presents a great opportunity for users seeking a well-located property with upside and the added benefit of a gated parking lot.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
6,286 SF
Building Class
C
Year Built
1954
Price
$2,975,000
Price Per SF
$473.27
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,286 SF
Slab To Slab
11’
Building FAR
0.31
Lot Size
0.47 AC
Zoning
C2-1
Parking
20 Spaces (3.18 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- L A Oc County Building & Construction Trade
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| L A Oc County Building & Construction Trade | Services | - | - | - |
1 1
Walk Score®
Very Walkable (88)
Transit Score®
Excellent Transit (70)
Property Taxes
| Parcel Number | 5153-012-007 | Improvements Assessment | $242,205 |
| Land Assessment | $323,607 | Total Assessment | $565,812 |
Property Taxes
Parcel Number
5153-012-007
Land Assessment
$323,607
Improvements Assessment
$242,205
Total Assessment
$565,812
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1626 Beverly Blvd
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