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3615 W Beverly Blvd 2,373 SF 100% Leased Retail Building Los Angeles, CA 90004 $1,490,000 ($627.90/SF)
INVESTMENT HIGHLIGHTS
- 3-Unit Retail Property with income generated by two tenants occupying all three storefronts, plus an on-site billboard providing additional revenue.
- Prime Beverly Blvd Frontage with excellent visibility along a major east–west arterial serving Koreatown and East Hollywood.
- Attractive Central Los Angeles Submarket (90004) characterized by dense population, strong rental demand, and consistent consumer activity.
- Fully Leased, Yet Can Be Delivered Vacant, offering flexibility for investors, owner-users, or value-add repositioning strategies.
- High-Traffic, High-Density Location surrounded by a strong mix of residential, neighborhood retail, and service-oriented businesses.
- Multiple Upside Angles, including lease-up at market rents, billboard income optimization, or owner-user occupancy in a supply-constrained corridor.
EXECUTIVE SUMMARY
3615 Beverly Blvd presents a rare 3-unit retail investment/owner-user opportunity in a highly visible, high-demand Central Los Angeles corridor. The property is fully leased today, with income generated by two tenants across the three storefront units plus an on-site billboard, creating multiple revenue streams. For buyers seeking flexibility, the units can be delivered vacant, supporting a value-add lease-up strategy, an owner-user occupancy plan, or a repositioning concept to capture stronger market rents.
Positioned on Beverly Blvd—a key east-west arterial serving the dense neighborhoods of Koreatown / East Hollywood (90004)—the site benefits from strong daily activity, walkability, and a deep surrounding customer base. The immediate trade area is characterized by high population density, a large renter base, and steady household formation, which supports a wide range of neighborhood-serving retail and service uses. The 90004 ZIP code profile reflects a sizable local consumer market with meaningful housing and daytime demand drivers.
Census Reporter
The property’s Koreatown location context is also commonly reflected in local business/address references for this corridor.
Disclaimer: Brokers and principals are strongly advised to independently verify all information provided in the marketing material.
Positioned on Beverly Blvd—a key east-west arterial serving the dense neighborhoods of Koreatown / East Hollywood (90004)—the site benefits from strong daily activity, walkability, and a deep surrounding customer base. The immediate trade area is characterized by high population density, a large renter base, and steady household formation, which supports a wide range of neighborhood-serving retail and service uses. The 90004 ZIP code profile reflects a sizable local consumer market with meaningful housing and daytime demand drivers.
Census Reporter
The property’s Koreatown location context is also commonly reflected in local business/address references for this corridor.
Disclaimer: Brokers and principals are strongly advised to independently verify all information provided in the marketing material.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,373 SF
Building Class
C
Year Built
2005
Price
$1,490,000
Price Per SF
$627.90
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
11’
Building FAR
0.36
Lot Size
0.15 AC
Opportunity Zone
Yes
Zoning
M1-1 - Buyer and buyer’s agent are responsible for verifying all zoning, land use, and permitted uses.
Parking
9 Spaces (3.79 Spaces per 1,000 SF Leased)
Frontage
149’ on Beverly Blvd
AMENITIES
- Bus Line
Walk Score®
Walker's Paradise (90)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5501-009-028 | Improvements Assessment | $395,352 |
| Land Assessment | $1,581,408 | Total Assessment | $1,976,760 |
PROPERTY TAXES
Parcel Number
5501-009-028
Land Assessment
$1,581,408
Improvements Assessment
$395,352
Total Assessment
$1,976,760
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3615 W Beverly Blvd
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