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5717 Beverly, East Los Angeles, CA 90022
Priced at Only: $1,048,888
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Address: 5717 Beverly, East Los Angeles, CA 90022
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  • MLS#: DW25152044 ( Business )
  • Street Address: 5717 Beverly
  • Viewed: 2
  • Price: $1,048,888
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 206
  • Additional Information
  • County: LOS ANGELES
  • City: East Los Angeles
  • Zipcode: 90022
  • Provided by: New Century Realty
  • Contact: Aaron Aaron
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    !!Great LOW PRICE!! Prime Beverly Blvd Location Mixed Use Potential with HUGE Upside! Incredible opportunity to own a standout property on the highly sought after Beverly Blvd, right on the East Los Angeles and Montebello border! This property is a true gemideal for business owners, investors, and developers looking for location, visibility, and unlimited potential. Sitting on a spacious private lot with plenty of on site parking, this versatile building is positioned on a bustling commercial corridor with heavy foot and vehicle traffic, just minutes from major shopping centers, restaurants, and the Metro Rail (Atlantic Station). Easy freeway access to the 10, 5, and 101 puts the entire city within reach. The building showcases stunning architectural features, including Venetian style stucco, marble Toscano columns, a solid wood pergola, and custom steel staircases with private entryways. Inside, you'll find a luxurious office suite featuring coffered ceilings, recessed lighting, floor to ceiling raised panel wainscoting, a fireplace, and a private en suite bathroom. Multiple entry points in the front and rear, plus a 2 car garage (with easy conversion potential), give this property unmatched flexibility. Heres where it gets exciting: Under Californias new AB 2011 and SB 6 legislation (effective July 1, 2023), this commercial zoned property is now eligible for residential developmentoverriding local zoning restrictions! The City Planning Department has confirmed that a minimum of 4 and up to 9 dwelling units can be added. The upstairs levelwith a private staircaseis ideal for residential conversion. Whether you're envisioning mixed use, multifamily, or a live/work setup, the possibilities here are endless! This is a rare chance to invest in one of LAs most dynamic and fast growing areas. Whether you're looking to launch a flagship business, develop income generating units, or boththis property has the location, layout, and legal backing to make it happen. !Lease Option Available! Dont miss this golden opportunitycontact us today to schedule a tour and explore the massive potential of this Beverly Blvd stunner!
Features
Building Area Total
  1. 2870.00
Commoninterest
  1. None
Country
  1. US
Land Use
  1. Office
  2. Other
  3. Retail
Laundry Features
  1. None
Parcel Number
  1. 5249020030
Property Type
  1. Business
Water Source
  1. Public
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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