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Mayra Berumen

mayra.berumen@engelvoelkers.com +1(310) 760-6674

$ 999,900

Est. payment -/mo

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Price Dropped by $99K

5221 E Beverly BLVD Los Angeles, CA 90022

5,514 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26099949

HOA Y/N No

Year Built 1949

Lot Size 5,514 Sqft

Property Sub-Type Mixed Use

Property Description

Wow! Wow! Wow! Come see this amazing Opportunity to own a mixed-use property located near the 2 major cross streets: Atlantic and Beverly. Come take a look at this downstairs recording studio with 2 handicap accessible bathrooms. Downstairs area measures an estimated 2,000 sq ft with a possibility of converting it into a store front. The studio has a recording booth, a special vocal recording area, with sound proofing all around the downstairs, special lighting, sound boards for better acoustics, and custom electrical work. This place can handle any studio needs you might have. There is a small lounge area that connects to the recording booth, allowing you to hang out or take calls while others work. There is also a 2-car attached garage with a separate entrance that can be used for storage or converted into an ADU for Additional potential income. The Lot feels much bigger and would be a perfect place to host events, given the privacy provided by the building and the fence surrounding the backyard. Once you see the property, you can picture intimate events taking place there. The opportunities are exponential. Upstairs, has 3 bedrooms / 1 bathroom unit with a kitchen and living room. This unit has separate entrances at both the front and the back. This upstairs unit has refinished hardwood floors that beautifully stand out and is ready to move into. Property has AC and 3 separate electrical meters, allowing the new owner to divide the space differently than its current configuration. Come take a look at this Gem today. Owner's architect checked with the County Regional Planner and this property is zoned for Max Density (7) dwelling units with no Minimum parking required.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning CRR1

Rooms

Other Rooms Living Quarters

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Laundry Electric Dryer Hookup, Gas Dryer Hookup

Exterior

Fence Block, Wrought Iron

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Flat

Present Use See Remarks

Total Parking Spaces 2

Building

Lot Description 0-1 Unit/Acre, Corner Lot

Story 2

Water Public

Additional Building Living Quarters

Others

Tax ID 5249031001

Security Features Carbon Monoxide Detector(s),Smoke Detector(s),Window Bars

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Notice Of Default

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Joe De La Torre Legends Realty 562-818-0971, DRE #01001150

NEARBY SCHOOLS & PROPERTIES

Mayra Berumen

Advisor | License ID: 01931731

+1(310) 760-6674

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