3216 Los Feliz Boulevard, Los Angeles, CA 90039

About this commercial property

3216 LOS FELIZ BOULEVARD IS A MIXED-USE PROPERTY, IDEALLY POSITIONED AT THE GATEWAY TO ATWATER VILLAGE, ACROSS THE STREET FROM THE LOS FELIZ PAR 3 GOLF COURSE. CONSISTING OF APPROXIMATELY 1,700 SQUARE FEET OF GROUND-FLOOR RETAIL SPACE, 1,100 SQUARE FEET OF RESIDENTIAL AND APPROXIMATELY 2,200 SQUARE FEET OF FLEX / OFFICE SPACE AT THE REAR OF THE PROPERTY. THE PROPERTY IS SITUATED ON A LARGE 8,911 SQUARE FOOT C4 ZONED LOT WITH SPACE ALONGSIDE THE BUILDING FOR PARKING AND/OR OUTDOOR COMMUNAL AREA. THE RETAIL SPACE IS CURRENTLY OCCUPIED BY TWO LONG-TERM TENANTS ON MONTH-TO-MONTH LEASES WITH A THIRD CORNER SPACE BEING DELIVERED VACANT. THE RESIDENTIAL / OFFICE SPACE IS FULLY OWNER-OCCUPIED TO BE DELIVERED VACANT UPON THE CLOSE OF ESCROW. DUE TO THIS FLEXIBILITY, THE PROPERTY OFFERS ENDLESS POSSIBILITIES FOR AN OWNER-USER BUYER TO TRANSFORM THIS ONE-OF-A-KIND ASSET INTO A FLAGSHIP LOCATION FOR THEIR BUSINESS. VISIBILITY AND EXPOSURE AT THIS LOCATION IS UNMATCHED. SITUATED JUST OFF THE 5-FWY, 3216 LOS FELIZ BOULEVARD IS THE FIRST THING TRAVELERS SEE AS THEY DRIVE INTO ATWATER VILLAGE ALONG LOS FELIZ BOULEVARD. LIVE UPSTAIRS IN THE 3BD/2BA APARTMENT AND COLLECT INCOME FROM THE TENANTS BELOW AND/OR RUN YOUR BUSINESS OUT OF THE FLEX SPACE IN THE REAR WITH A CORNER STOREFRONT. SELLER FINANCING AVAILABLE WITH FAVORABLE TERMS.

Listing description from the June 2023 sale, as reported to CRMLS.

Sale history

$2,750,000

Sold June 2023 · listed $2,950,000, on market December 2022 · MLS #22222405 · Source: CRMLS

Listing Agent: Eugene Ridenour · Listing Office: Compass · Contact: 626-205-4040 · Bought with: Anselm Clinard · Compass

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