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3615 Beverly Boulevard

Los Angeles (City), CA 90004
  • $1,190,000
  • STATUS: Active
  • ON SITE: 101 Days
  • MLS #: SR26138139
UPDATED: 34 min ago
$1,190,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2005
County:

School Ratings & Info

Listing Agent(s): Haik Bokhchalian of JohnHart Real Estate (818-246-1099) and Liana Movsisian of JohnHart Corp.(818-246-1099)


Description

Exceptional investment and owner-user opportunity on highly visible Beverly Boulevard.This corner retail property features 3 storefront units currently occupied by a single tenant on a month-to-month lease, offering rare flexibility for investors and owner-users alike. The existing tenant can remain in place for immediate income or the property may be delivered vacant, creating multiple repositioning strategies.In addition to the occupied retail space, the property includes a separate freestanding retail building currently vacant and ideal for an owner-user, boutique retailer, cafe concept, office showroom, or additional rental income. Market rent projections for the vacant building provide further upside potential. An on-site billboard lease generates additional passive income, creating a diversified revenue stream rarely found in assets of this size.Located along one of Los Angeles busiest commercial corridors, the property benefits from exceptional visibility, strong traffic counts, dense surrounding population, and convenient access to Downtown Los Angeles, Koreatown, Silver Lake, and Echo Park.Whether you're an investor seeking flexibility and value-add potential or an owner-user looking to establish a presence in a high-exposure location while collecting income from the remaining components of the property, this offering presents a unique opportunity in a supply-constrained market.Property Highlights: Beverly Blvd corner location. Billboard income in place. Three retail units occupied by one tenant. Tenant currently month-to-month. Potential to deliver occupied or vacant. Separate freestanding retail building. Vacant owner-user opportunity. Additional rental upside from vacant building. Excellent street visibility. Strong daily traffic counts. On-site parking. Opportunity Zone location. Flexible investment or owner-user use.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-05T00:26:18.837. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
www.desertareahomesforsale.com/homes/178133394
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3615 Beverly Boulevard Los Angeles (City), CA 90004

  • Price: $1,190,000
  • Status: Active
  • On Site: 101 Days
  • Updated: 34 min ago
  • MLS #: SR26138139
0
Beds
0
Baths
0
½ Baths
0.15
Acres
2005
Built
Neighborhood:
C17 - Mid-Wilshire
County:
Los Angeles
Area:
C17 - Mid-Wilshire
Property Description
Exceptional investment and owner-user opportunity on highly visible Beverly Boulevard.This corner retail property features 3 storefront units currently occupied by a single tenant on a month-to-month lease, offering rare flexibility for investors and owner-users alike. The existing tenant can remain in place for immediate income or the property may be delivered vacant, creating multiple repositioning strategies.In addition to the occupied retail space, the property includes a separate freestanding retail building currently vacant and ideal for an owner-user, boutique retailer, cafe concept, office showroom, or additional rental income. Market rent projections for the vacant building provide further upside potential. An on-site billboard lease generates additional passive income, creating a diversified revenue stream rarely found in assets of this size.Located along one of Los Angeles busiest commercial corridors, the property benefits from exceptional visibility, strong traffic counts, dense surrounding population, and convenient access to Downtown Los Angeles, Koreatown, Silver Lake, and Echo Park.Whether you're an investor seeking flexibility and value-add potential or an owner-user looking to establish a presence in a high-exposure location while collecting income from the remaining components of the property, this offering presents a unique opportunity in a supply-constrained market.Property Highlights: Beverly Blvd corner location. Billboard income in place. Three retail units occupied by one tenant. Tenant currently month-to-month. Potential to deliver occupied or vacant. Separate freestanding retail building. Vacant owner-user opportunity. Additional rental upside from vacant building. Excellent street visibility. Strong daily traffic counts. On-site parking. Opportunity Zone location. Flexible investment or owner-user use.
Exterior Features

Entry Level 1 Lot Features 2-5 Units/Acre Sign On Property YN Yes

Property Features

Additional Parcels YN No Common Interest None Electric Expense 261 Gross Scheduled Income 68836 Insurance Expense 3991 Laundry Features None Listing Agreement Exclusive Right To Sell Listing Terms CashConventional Maintenance Expense 3860 Net Operating Income 44524 Number Of Units Leased 3 Operating Expense 24312 Other Expense 0 Property Sub Type Retail Special Listing Conditions Standard Supplies Expense 0 Tax Year 2025 Trash Expense 0 Utilities Electricity AvailableSewer AvailableWater Available Vacancy Allowance 0 Vacancy Allowance Rate 0 Water Sewer Expense 261 Water Source Public Zoning LAM1



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-05T00:26:18.837. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
 
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Desert Area Homes For Sale | Premier Properties
78115 Calle Estado #104
La Quinta CA, 92253
Listing Agent(s): Haik Bokhchalian of JohnHart Real Estate (818-246-1099) and Liana Movsisian of JohnHart Corp.(818-246-1099)