4121 Beverly BlvdLos Angeles, CA 90004

Property Details for 4121 Beverly Blvd

Year built

1995

Construction

WOOD

Lot size

0.25 AC

Property size (Sq ft)

4,936 SF

Zone code

LAC2

Property type

Retail properties

Property subtype

Retail space

APN

5520-024-019

APU

5520024019

Description

This exceptional Koreatown commercial property, located at 4121-4129 Beverly Blvd, Los Angeles, CA 90004, presents a unique investment opportunity for owner-users or developers. The 5,968 square foot, single-story building sits on a 10,980 square foot corner lot, boasting excellent visibility and rear parking. Currently 100% occupied across three units, the property offers immediate income potential, with the flexibility to be delivered vacant upon sale. The C2 and TOC Tier III zoning designations unlock significant development potential, making this a prime covered land play. The asking price is $3,000,000 ($502.68/sq ft). This Class B property is a fee simple ownership and presents a rare chance to acquire a high-traffic retail space in a thriving Los Angeles neighborhood. The property's location in the heart of Koreatown ensures high foot traffic and strong potential for future growth. The existing building provides immediate income generation while the zoning allows for future development opportunities. This is an ideal investment for those seeking a blend of immediate return and long-term appreciation.

• CAP approach

  CAP return

  Valuation

  6%

  $2,140,186

  6.5%

  $1,975,556

  7%

  $1,834,445

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,365,347

  Geo Method

  $2,365,347

• Alternative Use

  Use

  Valuation

  Residential

  $1,666,456

  Hospitality

  $1,526,464

  Educational

  $1,270,000

  Medical

  $1,313,678

  Retail

  $1,975,556

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.0766

Longitude

-118.299

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].