$1,200,000
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2808 Glendale BLVD Silver Lake, CA 90039
2,832 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 2,832 sqft
Price per Sqft $423
MLS Listing ID SR20240836
Year Built 1957
Lot Size 6,926 Sqft
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.
Location
State CA
County Los Angeles
Area 671 - Silver Lake
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Laundry None
Building
Lot Description Tear Down
Water Public
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Trust
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Bought with Robert Eilbacher • International Realty