3651 Beverly Blvd Local commercial 412 m² À vendre Los Angeles, CA 90004 1 162 863 € (2 822,95 €/m²)

The Brandon Michaels Group of Marcus & Millichap, as Exclusive Advisor, is pleased to present 3651 Beverly Boulevard (the “Property”), a 4,434 SF freestanding commercial building situated on a 6,101 SF LAM1-zoned parcel along Beverly Boulevard in Los Angeles, California, within the dense, supply-constrained, and rapidly evolving East Hollywood and Virgil Village infill submarket of central Los Angeles.
The Asset
The Property is offered for sale fully vacant, delivering a buyer complete and immediate control at close of escrow, with no holdover exposure, no relocation negotiation, and no existing tenancy to work around. It is positioned along Beverly Boulevard, a primary east-west commercial corridor connecting central Los Angeles between Hollywood, Silver Lake, Koreatown, and Downtown, with traffic counts of 44,142 vehicles per day. The Property’s LAM1 zoning is a meaningful point of differentiation in this stretch of the corridor, where the surrounding fabric is predominantly older residential and neighborhood-commercial. Los Angeles Light Manufacturing zoning accommodates a materially broader range of uses than conventionally zoned storefront product, widening the field of qualified owner-users and tenants and reinforcing the achievability of the repositioning thesis.
The Submarket
East Hollywood and Virgil Village represent one of the most fundamentally sound infill investment environments in central Los Angeles, characterized by a dense, diverse, and predominantly renter residential population, limited new commercial supply, and consistent leasing demand from retail, food and beverage, creative, medical, and service-oriented users. The trade area surrounding the Property exceeds 574,900 residents within three miles, with average household income rising to $97,941 within five miles, supporting a deep and durable consumer base and sustained commercial demand throughout the corridor.
The Opportunity
The Property offers a dual-path investment thesis: a clear value-add opportunity for an investor executing a lease-up strategy, and a compelling owner-user path for a business seeking permanent operational control of a well-located, freestanding commercial asset in a supply-constrained and centrally positioned Los Angeles submarket.