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1824 Hillhurst Ave
Los Angeles, CA 90027

Los Feliz Freestanding Building · Retail Property For Sale

Investment Highlights

  • Owner-User/Investment Opportunity in High-Barrier-to-Entry Location
  • Excellent Demographics/Population – Historic Los Feliz Submarket
  • On-Site Parking Lot with 12 Parking Stalls
  • Major Business/Retail Corridor: Hillhurst Ave (28,000 VPD) Connects to All Major Los Angeles Traffic Arteries
  • Approx. 4,032 Total Square Feet and Total Lot Size of About 0.18 Acres ($495/sf for the Land)

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
2,204 SF
Building Class
C
Year Built/Renovated
1915/2018
Tenancy
Single
Building Height
2 Stories
Building FAR
0.28
Lot Size
0.18 AC
Zoning
C4
Parking
12 Spaces (5.44 Spaces per 1,000 SF Leased)
Frontage
147 ft on Hillhurst Avenue

Amenities

  • Bus Line

About 1824 Hillhurst Ave , Los Angeles, CA 90027

The property sits on an excellent corner location where Hillhurst Avenue (28,000 VPD) and Russell Avenue intersect, and the on-site parking lot backs right up into a historical, dense neighborhood directly east behind the property. Additionally, Hollywood Blvd (57,700 VPD) and Sunset Blvd (56,700 VPD) are within just a few blocks of the subject property providing ease of commute and consistent traffic flow throughout the Hillhurst corridor. The building itself has been well-maintained and its classic craftsmen-style construction creates a trophy asset quality both in physical and visual qualities. Benefiting from the cultural prominence of the Los Feliz community and just minutes away from Los Angeles landmarks like the Griffith Observatory, over 48,000 people reside within 1 mile of the subject property with an average household income of almost $98,000. The nearby restaurant scene dominates Hillhurst Avenue, with media outlets consistently highlighting the many culinary experiences. Downtown Los Angeles and Beverly Hills are both less than five miles away, proving why this suburb is so desirable for creatives, business owners, movies stars, and executives alike.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5590-018-001
Land Assessment
$3,923,856
Improvements Assessment
$452,752
Total Assessment
$4,376,608
  • Listing ID: 18500643

  • Date on Market: 2020-02-12

  • Last Updated:

  • Address: 1824 Hillhurst Ave, Los Angeles, CA 90027

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