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Listed by James Kezios • Pacific Sotheby's Int'l Realty
$ 3,500,000
Est. payment /mo
Active
2506 West Sunset Boulevard Los Angeles, CA 90026
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC-25145252
Year Built 1924
Annual Tax Amount $7,813
Tax Year 2024
Property Sub-Type Mixed Use
Property Description
Pleased to present this rare mixed-use investment opportunity located in the heart of Silver Lake along the vibrant West Sunset Boulevard corridor. 2506 W Sunset Blvd is an 8,000 square foot building situated on a 5,694 square foot lot, offering a well-balanced unit mix of three street-level retail storefronts and seven residential apartment units. All but one of the units are currently on month-to-month leases, providing immediate flexibility and repositioning potential for an investor or owner-user. One of the commercial units is intentionally left available, offering instant upside through lease-up. Additionally, the property includes three separate basement units--each approximately 1,000 square feet--ideal for storage rental or creative repurposing. Zoned (Q)C2-1VL with a Tier 3 Transit Oriented Communities (TOC) designation, the property also holds long-term redevelopment potential. With a highly walkable location, under-market rents, and multiple income enhancement opportunities, this offering is well-positioned for those seeking a prime asset in one of Los Angeles' most dynamic and desirable neighborhoods.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning (Q)C2-1VL
Interior
Laundry None
Building
Lot Description 0-1 Unit/Acre