$1,200,000
$1,200,000
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2808 Glendale BLVD Silver Lake, CA 90039
6,926 Sqft Lot
Key Details
Sold Price $1,200,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR20240836
Sold Date 12/21/20
HOA Y/N No
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
Interior
Fireplace No
Laundry None
Building
Lot Description Tear Down
Water Public
Others
Tax ID 5438019007
Acceptable Financing Cash
Listing Terms Cash
Financing Trade
Special Listing Condition Trust
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Bought with Robert Eilbacher • International Realty