Active
4623 Beverly Boulevard
Los Angeles CA, 90004
$13,500,000
$1,220.06 per sqft
Active
11,065 sqft
Commercial
Built in 1960
Listed by Ray Akbari with The Agency 818-379-7700
This is a once in a generation opportunity to acquire and redevelop a six-lot assemblage spanning 0.99 acres of land (43,253 square feet) in the highly sought-after Greater-Wilshire neighborhood in prime Los Angeles. These lots have been under the same family’s ownership for more than 50 years, signifying the rare opportunity available to developers. The six lots are equally split between two streets located at 4623, 4627 & 4631 Beverly Blvd and 4718, 4720 & 4726 Oakwood Ave, Los Angeles, CA 90004. All of the six lots’ current structures are vacant. The zoning of the Beverly Blvd. lots is designated as LAC2, and the Oakwood Ave. lots are zoned LAR3. Additionally, due to the central location and the impressive 97 walk score, both lots are given Tier 3 status of the Transit Oriented Communities (TOC) incentive program, further increasing the development potential.
SR23116668
MLSⓇ ID
June 29, 2023
Listed
November 30, 2023
Updated
Map
4623 Beverly Boulevard
Los Angeles CA, 90004
Interior Features
Total Stories
2
Laundry Description
None
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.99 acres
Lot Features
Tear Down
Other Property Details
Days on Market
154
Garage
No
Parking
No
View
No
County
Los Angeles
Water Source
Public
Pool
No
Buyer Agency Compensation
1%
Listing History
Date | Event | Price |
|---|---|---|
8/24/2023 | Price Change | $13,500,000 -10% |
Listing Contact: 818-379-7700
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/30/2023. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 11/30/2023 at 9:20 PM UTC