Mixed-Use
2741 Beverly Blvd
2741 Beverly Blvd, Los Angeles, CA 90057
Listing Price: $1,050,000
Investment Overview
We are pleased to present a development opportunity located at 2741 Beverly Boulevard in the Westlake neighborhood of Los Angeles, proximate to Koreatown, Silver Lake, Echo Park, and Downtown Los Angeles. The property sits on 2 parcels and a total of 9,119 square feet of land that is zoned C2 with a TOC Tier 2 incentives. There is currently a vacant 1,380 square foot commercial structure that was built in 1950 and was most recently occupied by a medical tenant. The structure also recently had some fire damage to the interior. With the current structure being delivered vacant and not having any residential component to it, there will not be any relocation of tenants or any rent control restrictions on the redevelopment. The lot allows up to 22 units by right, 37 units with the density bonus, and potentially up to 46 by designing up for ADU conversions (Buyer to verify with their architect and City). There are no current entitlements or plans for redevelopment, so this is a completely blank slate for any investors that have interest in this high traffic and densely populated neighborhood of Los Angeles. With over 1,953 proposed units in the pipeline to be delivered by 2024 and 875-units currently under construction, the Westlake submarket has been experiencing significant growth and interest from developers. Ideally situated between downtown LA and Echo Park, Westlake has been rapidly gentrifying with hip galleries, Latin eateries and bars springing up throughout the neighborhood.
Investment Highlights
- Opportunity to Build 22-units By-Right, 37-Units with Density Bonus, or as many as 46 with ADU Conversion
- Close Proximity to Multiple Major Development Projects
- Walk Score of 89
- No Plans or Entitlements – Completely Blank Slate
- Tier-2 TOC With Flexible LAC2 Zoning for Commercial Uses
- 9,119 Square Foot Lot Over 2 Parcels
Exclusively Listed By
Financing By
Listing Price: $1,050,000
Investment Highlights
- Opportunity to Build 22-units By-Right, 37-Units with Density Bonus, or as many as 46 with ADU Conversion
- Close Proximity to Multiple Major Development Projects
- Walk Score of 89
- No Plans or Entitlements – Completely Blank Slate
- Tier-2 TOC With Flexible LAC2 Zoning for Commercial Uses
- 9,119 Square Foot Lot Over 2 Parcels
Investment Overview
We are pleased to present a development opportunity located at 2741 Beverly Boulevard in the Westlake neighborhood of Los Angeles, proximate to Koreatown, Silver Lake, Echo Park, and Downtown Los Angeles. The property sits on 2 parcels and a total of 9,119 square feet of land that is zoned C2 with a TOC Tier 2 incentives. There is currently a vacant 1,380 square foot commercial structure that was built in 1950 and was most recently occupied by a medical tenant. The structure also recently had some fire damage to the interior. With the current structure being delivered vacant and not having any residential component to it, there will not be any relocation of tenants or any rent control restrictions on the redevelopment. The lot allows up to 22 units by right, 37 units with the density bonus, and potentially up to 46 by designing up for ADU conversions (Buyer to verify with their architect and City). There are no current entitlements or plans for redevelopment, so this is a completely blank slate for any investors that have interest in this high traffic and densely populated neighborhood of Los Angeles. With over 1,953 proposed units in the pipeline to be delivered by 2024 and 875-units currently under construction, the Westlake submarket has been experiencing significant growth and interest from developers. Ideally situated between downtown LA and Echo Park, Westlake has been rapidly gentrifying with hip galleries, Latin eateries and bars springing up throughout the neighborhood.
Exclusively Listed By
Financing By

