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    2808 Glendale Boulevard

    Silver Lake, CA 90039
    • $1,200,000
    • STATUS: Active Under Contract
    • ON SITE: 10 days
    • ID#: SR20240836
    Under Contract
    UPDATED: 72 min ago
    $1,200,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,832
      SQFT
    • $424
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1957
    County:

    School Ratings & Info

    Description

    Prime Silverlake. Zoned C2 Excellent opportunity to tear down, build new apartments or Small Lot. MAI appraisal dated Aug. 2020 at a value of $1,550,000 to $1,700,000 with proforma of $9,030.00 per month, $3.50 a foot + and a potential future 5 cap rate. LOW cost per foot as commercial building sales in Silverlake average from $650.00 to $811.00 per foot. Lot dimensions approx. 90 feet x 80 feet.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-27T14:27:54.19. 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 The Marelly Group | Compass. Licensed in the State of California, USA.

    www.themarellygroup.com/homes/111939856
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    2808 Glendale Boulevard Silver Lake, CA 90039

    • Price: $1,200,000
    • Status: Active Under Contract
    • Updated: 72 min ago
    • ID#: SR20240836
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    2,832
    SQFT
    $424
    $/SQFT
    1957
    Built
    Neighborhood:
    671 - Silver Lake
    County:
    Los Angeles
    Area:
    671 - Silver Lake
    Property Description
    Prime Silverlake. Zoned C2 Excellent opportunity to tear down, build new apartments or Small Lot. MAI appraisal dated Aug. 2020 at a value of $1,550,000 to $1,700,000 with proforma of $9,030.00 per month, $3.50 a foot + and a potential future 5 cap rate. LOW cost per foot as commercial building sales in Silverlake average from $650.00 to $811.00 per foot. Lot dimensions approx. 90 feet x 80 feet.
    Exterior Features

    Lot Features Tear Down Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Laundry Features None

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Building Status Existing Business Type Retail Country Us Current Financing None Land Lease YN No Land Use Retail Laundry YN No Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Property Sub Type Retail Retail Center Type Community/Specialty Special Listing Conditions Trust Water Source Public Year Built Source Assessor

    Listing provided courtesy of Sonny Benudiz of Keller Williams Realty-Studio City


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-27T14:27:54.19. 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 The Marelly Group | Compass. Licensed in the State of California, USA.

     
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    The Marelly Group | Compass
    5256 South Mission Rd, Suite 1006
    Bonsall CA, 92003