Enter your email to login or create a free account
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
2731 Beverly Blvd
Los Angeles, CA 90057
Lafayette Hotel · Hospitality Property For Sale
·
24,795 SF

Property Facts
| Property Type | Hospitality | Building Size | 24,795 SF |
| Property Subtype | Hotel | No. Stories | 4 |
| Building Class | C | Year Built | 1927 |
| Lot Size | 0.17 AC | Tenancy | Single |
| Zoning | LAC2 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 24,795 SF |
| No. Stories | 4 |
| Year Built | 1927 |
| Tenancy | Single |
| Zoning | LAC2 |
About 2731 BEVERLY BLVD , LOS ANGELES, CA 90057
Gorgeous prominent 4 story property in the heart of LA zoned as Hotel and being operated as residences. The property sits in the emerging Westlake District near Downtown LA. The area is referred to as "Rampart Village” and is quickly becoming the new Echo Park and Silverlake. This property has undergone major renovations including new copper plumbing, new waste lines, updated electrical system, restored lobby and common areas, updated windows, and many renovated units. The units are large bachelors with full bathrooms and small kitchenettes. These units are bright and have city views. The units rent like hotcakes. This is the perfect "VALUE ADD" deal as all the heavy lifting is done. As the units vacate a new owner will realize a substantial cash flow surge as the rents are 40% under value. Our of the 65 units - 22 units have been renovated/ 18 units have been vacated and are ready for renovation/ and 25 units have original tenants. The retail space is currently vacant as this would make for the perfect coffee shop/ restaurant / or common area for this property. The property is zones Commercial/ Hotel so sky is the limit with your imagination.
Property Taxes
| Parcel Number | 5156-020-018 | Improvements Assessment | $8,924,150 |
| Land Assessment | $1,394,398 | Total Assessment | $10,318,548 |
Property Taxes
Listing ID: 12144934
Date on Market: 4/4/2018
Last Updated:
Address: 2731 Beverly Blvd, Los Angeles, CA 90057
The Rampart Village Hospitality Property at 2731 Beverly Blvd, Los Angeles, CA 90057 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
