FOR SALE 3312 W SUNSET BOULEVARD - LoopNet

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FREESTANDING COMMERCIAL BUILDING 3312 W SUNSET BOULEVARD FOR SALE

Transcript of FOR SALE 3312 W SUNSET BOULEVARD - LoopNet

Page 1: FOR SALE 3312 W SUNSET BOULEVARD - LoopNet

FREESTANDING COMMERCIAL BUILDING

3312 W SUNSET BOULEVARDFOR SALE

Page 2: FOR SALE 3312 W SUNSET BOULEVARD - LoopNet

TABLE OF

CONTENTS

Executive Summary

Property Information

Offering Highlights

Commercial Overview

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©2019 WESTMAC Commercial Brokerage Company. All Rights Reserved. WESTMAC Commercial Brokerage fully supports the principles of the Equal Opportunity Act. WESTMAC Commercial Brokerage Company and the WESTMAC Commercial Brokerage Company logo are registered service marks owned by WESTMAC Commercial Brokerage Company and may not be reproduced by any means or in any form whatsoever without written permission.

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WESTMAC COMMERCIAL BROKERAGE COMPANY1515 S Sepulveda Boulevard

Los Angeles, CA 90025310.478.7700

DRE #01096973 www.westmac.com

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EXECUTIVE SUMMARY

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WESTMAC Commercial Brokerage Company, as exclusive agents, are pleased to present for sale, 3312 W Sunset Boulevard. 3312 W Sunset Boulevard consists of one freestanding, highly visible, commercial building. The offering totals about 1,625-square feet on approximately 2,500-square feet of land.

3312 W Sunset Boulevard is located at the intersection of Sunset and Micheltorena. Manicured homes and multifamily units make up the trendy residential neighborhood that surrounds the immediate vicinity. 3312 W Sunset Boulevard is in the heart of Silver Lake, one of the hottest, most desirable locations in Los Angeles. The property is located along a popular walking corridor. It is neighbors with such well known tenants as Night + Market Song, The Now Massage Boutique, Clare Vivier, The Hive, Alfred Coffee and many more.

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PROPERTY INFORMATION

FINANCIAL TERMS

*All square footage and zoning taken from public records; buyer to independently verify.

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ADDRESS 3312 W Sunset Boulevard, Los Angeles, CA 90026

CROSS STREET Sunset and Micheltorena

BUILDING SIZE ± 1,625-square feet* (per tax record)

LAND SIZE ± 2,500-square feet* (per tax record)

APN 5426-007-015

PARKING Street

BUILT 1925

ZONING [Q] C2-1VL

USE CODECommercial;Office, One Story (Buyer to confirm with city)

SALE PRICE $1,595,000

(Will be delivered vacant at close of escrow)

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Irreplaceable Silver Lake LocationRelentlessly hip, Eastside neighborhood with creative community and ever growing cool attitude. Rare opportunity to purchase a commercial building along Sunset Boulevard.

100% VacancyCurrently 100% vacant, this unique offering presents a great location for owner-users or value added potential to capitalize on the high demand, low supply of Silver Lake commercial real estate.

Dense Immediate Population with Affluent Area DemographicsSilver Lake attracts a number of high-level industry executives, celebrities and other high-earning individuals thanks to the cities close proximity to Hollywood.

Development Golden AgeLocated 5 buildings south of the new Vica Development with 31 new residences.

OFFERING HIGHLIGHTS

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PROPERTY PHOTOS

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• Custom brick work floor to ceiling

• Vintage barnwood on accent wall and offices

• New 8 foot high steel door and frame

• Kitchenette with new sink, faucet, cabinetry

• All new 220 Amp electrical line

• New flat roof membrane

• Surveillance cameras access control, 2 outdoor patio speakers

• CAT6 cabling for date, CAT5 cabling for phones

• NEST thermostat

POLISHED CONCRETE FLOORING, OPEN FLOOR PLAN, SKYLIGHTS THROUGHOUT, PROJECTOR ROOM AND OUTDOOR PATIO

HIGHLIGHTS OF RENOVATIONS MADE IN 2017

One (1) ADA bathroom, kitchenette, three (3) offices, large main office area with open floor plan

25’ frontage on Sunset Boulevard

FEATURES

FRONTAGE

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19TH STREETAREA MAP

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FOR MORE INFORMATION OR BUILDING TOUR

CAITLYN W. ROSSSenior Vice President310.966.4390DRE #[email protected]

MICHAEL F. ROJASAssociate Vice President424.832.5302DRE #[email protected] WESTMAC COMMERCIAL BROKERAGE COMPANY

1515 S Sepulveda Boulevard | Los Angeles, CA 90025310.478.7700 | DRE #01096973 | www.westmac.com