Great LOW PRICE!! Prime Beverly Blvd Location - Mixed-Use Potential with HUGE Upside! Incredible opportunity to own a standout property on the highly sought-after Beverly Blvd, right on the East Los Angeles and Montebello border! This property is a true gem - ideal for business owners, investors, and developers looking for location, visibility, and unlimited potential. Sitting on a spacious private lot with plenty of on-site parking, this versatile building is positioned on a bustling commercial corridor with heavy foot and vehicle traffic, just minutes from major shopping centers, restaurants, and the Metro Rail (Atlantic Station). Easy freeway access to the 10, 5, and 101 puts the entire city within reach. The building showcases stunning architectural features, including Venetian-style stucco, marble Toscano columns, a solid wood pergola, and custom steel staircases with private entryways. Inside, you'll find a luxurious office suite featuring coffered ceilings, recessed lighting, floor-to-ceiling raised-panel wainscoting, a fireplace, and a private en-suite bathroom. Multiple entry points in the front and rear, plus a 2-car garage (with easy conversion potential), give this property unmatched flexibility. Here's where it gets exciting: Under California's new AB 2011 and SB 6 legislation (effective July 1, 2023), this commercial-zoned property is now eligible for residential development - overriding local zoning restrictions! The City Planning Department has confirmed that a minimum of 4 and up to 9 dwelling units can be added. The upstairs level - with a private staircase - is ideal for residential conversion. Whether you're envisioning mixed-use, multifamily, or a live/work setup, the possibilities here are endless! This is a rare chance to invest in one of LA's most dynamic and fast-growing areas. Whether you're looking to launch a flagship business, develop income-generating units, or both - this property has the location, layout, and legal backing to make it happen. !Lease Option Available! Don't miss this golden opportunity - contact us today to schedule a tour and explore the massive potential of this Beverly Blvd stunner!
PROPERTY DETAILS: Square Feet: 2870
LISTING AGENT: Agent: Aaron Guerra | Office: New Century Realty | Phone: 3237222222 | Email: [email protected]
LISTING INFORMATION: MLS#: DW26053451 | Status: Pending