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Natalie Miranda
marketing@thewhipplegroup.com$ 3,500,000
Est. payment | /mo
5,693 Sqft Lot
$ 3,500,000
Est. payment | /mo
5,693 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25145252
HOA Y/N No
Year Built 1924
Annual Tax Amount $7,813
Tax Year 2024
Lot Size 5,693 Sqft
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.
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
Fireplace No
Laundry None
Exterior
Total Parking Spaces 9
Building
Lot Description 0-1 Unit/Acre
Story 2
Water Public
Others
Tax ID 5402014022
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
Listed by James Kezios Pacific Sotheby's Int'l Realty 818-813-4619
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Natalie Miranda
Marketing Director | License ID: 02122928