5730 E Beverly Boulevard
Los Angeles, CA 90022

  • – beds
  • – baths
  • – sqft
  • 2,379 sqft lot
  • 1958 build
  • on site

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5730 E Beverly Blvd in East Los Angeles consists of two separate buildings. At the back of the property is a two story house consisting of 4 bedrooms and 3 baths with independent access through the alley and a 2-car garage. Situated at the front is the second unit that has been historically rented as a retail space sitting directly on Beverly Blvd. This front commercial unit could be repurposed as office space or as a 1 bedroom residential additional dwelling unit (Buyer Must Verify). The front unit will be delivered without tenants, the back unit has the potential to be delivered the same way. This offering presents the opportunity for an investor to add value through repurposing the front unit, or rent the commercial unit as is to command just shy of a 5% cap at the offered price. The deal has great potential for an owner-user alike. This asset is situated off of route 60 Pomona Freeway; one mile away from East Los Angeles College; and less than two miles away from the 24 million dollar 3rd and Dangler Project, a 78 unit transit oriented development project that will provide residents of East Los Angeles better access to public transportation, connecting them to job opportunities in downtown Los Angeles and the San Gabriel Valley.

California Regional MLS logo Listed By CRMLS_CA / Alex Colombo / Lyon Stahl Investment Real Est / 310-978-7950

Last checked: Checking… • Last updated Jun 25, 2023 •

MLS# PW22252482 —

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Sale history

Date Event Source Price % Change
5/12/23
Sold CRMLS_CA $530,000 -17.8%
4/27/23
Pending CRMLS_CA $645,000
3/13/23
Sold Subject To Contingencies CRMLS_CA $645,000

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Multifamily Sold on 5/12/2023

$530,000

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Listing provided by broker:

Alex Colombo

Lyon Stahl Investment Real Est

310-978-7950

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California Regional MLS logo Listing Courtesy of: CRMLS_CA and Lyon Stahl Investment Real Est. Based on information from California Regional Multiple Listing Service, Inc. as of 23:50 on Apr 22.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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