COMMERCIAL PROPERTY FOR SALE · 2019-11-20 · Property Offering majorproperties.com • 424 N...

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COMMERCIAL PROPERTY FOR SALE Victorian-Style Office & Recording Studio 424 N LARCHMONT BOULEVARD, LOS ANGELES, CA 90004 Offering Memorandum Commercial • Industrial • Residential

Transcript of COMMERCIAL PROPERTY FOR SALE · 2019-11-20 · Property Offering majorproperties.com • 424 N...

Page 1: COMMERCIAL PROPERTY FOR SALE · 2019-11-20 · Property Offering majorproperties.com • 424 N Larchmont Boulevard is ideal for a professional or creative office owner/user or investor.

COMMERCIAL PROPERTY FOR SALEVictorian-Style Office & Recording Studio 424 N LARCHMONT BOULEVARD, LOS ANGELES, CA 90004 Offering Memorandum

Commercial • Industrial • Residential

Page 2: COMMERCIAL PROPERTY FOR SALE · 2019-11-20 · Property Offering majorproperties.com • 424 N Larchmont Boulevard is ideal for a professional or creative office owner/user or investor.

The information contained in this offering material is confidential and furnished solely for the purpose of a review by prospective Buyers of the subject property and is not to be used for any other purpose or made available to any other person without the express written consent of Major Properties. This Brochure was prepared by Major Properties. It contains summary information pertaining to the Property and does not purport to be all-inclusive or to contain all of the information that a prospective Buyer may desire. All information is provided for general reference purposes only and is subject to change. The summaries do not purport to be complete or accurate descriptions of the full documents involved, nor do they constitute a legal analysis of such documents.This information has been secured from sources we believe to be reliable. We make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Recipient of this report must verify the information and bears all risk for any inaccuracies.

Exclusively offered byMartin S Beck Betsy Malloy Senior Associate Sales Associate 213.222.1202 office 323.464.9272 office 323.314.7729 mobile 323.806.0203 mobile [email protected] [email protected] Lic. 01778125 Lic. 01293183

• Renovated “Green” Building

• Larchmont Boulevard Cachet

• Lavish Creative Appointments

• Rooftop Solar Panels

• Between Beverly & Melrose

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Page 3: COMMERCIAL PROPERTY FOR SALE · 2019-11-20 · Property Offering majorproperties.com • 424 N Larchmont Boulevard is ideal for a professional or creative office owner/user or investor.

Property Offering

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• 424 N Larchmont Boulevard is ideal for a professional or creative office owner/user or investor. The “green” building has been fully renovated and is in turn-key condition.

• This is a great opportunity to own a building which consists of offices and a recording studio, with Larchmont Boulevard cachet. The property was the headquarters of a record label which has been at the forefront of environmental responsibility, leveraging a number of innovative features to keep their environmental impact low. Features include solar panels that provide the majority of the power to the offices and studio; interior/exterior wall insulation made from 100% post consumer waste (cotton from blue jean scraps); and a duro-last green roof with recycled shingles. The building also has refinished hardwood, cork and marmoleum flooring.

• Please call broker for an appointment to tour the property.

Page 4: COMMERCIAL PROPERTY FOR SALE · 2019-11-20 · Property Offering majorproperties.com • 424 N Larchmont Boulevard is ideal for a professional or creative office owner/user or investor.

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424 N LARCHMONT BOULEVARD, LOS ANGELES, CA 90004

Property DetailsTotal Building Area 3,840± SF

Office Area 450± SF

Attic Loft Area 200± SF

Construction Wood Frame

Year Built 1926

Land Area 5,600± SF

Surface Parking 9± vehicles

Roof Solar Panels 33

Zone LA C2-1VL

APN 5523-021-005

Walk Score 82

Transit Score 54

Council District CD 4 - David E. Ryu

Neighborhood Council Greater Wilshire

• High profile Larchmont Boulevard location

• Ideal for owner/user or investor

• Environmentally friendly “green” building

• Currently offices and recording studio

• Creative spaces throughout the structure

• Attic sleeping loft

• Fully equipped kitchen

• Full bathroom with shower and three half-baths

• Refinished hardwood, cork and marmoleum flooring

• Solar energy powered

• Duro-last green roof 20• Less than one block north of Beverly Boulevard

• Located just east of Wilshire Country Club

• Close to Paramount Pictures

Investment Highlights

Asking Price: $3,900,000 ($1,016 Per SF)

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Property Photos

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Property Photos

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Property Photos

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Property Photos

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Property Aerial

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Plat Map

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Area Map

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Page 12: COMMERCIAL PROPERTY FOR SALE · 2019-11-20 · Property Offering majorproperties.com • 424 N Larchmont Boulevard is ideal for a professional or creative office owner/user or investor.

MAJOR PROPERTIES1200 W Olympic BlvdLos Angeles, CA 90015

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424 N Larchmont BlvdLos Angeles, CA 90004

3,840± SF Building5,600± SF of Land

Exclusively offered byMartin S Beck Betsy Malloy Senior Associate Sales Associate 213.222.1202 office 323.464.9272 office 323.314.7729 mobile 323.806.0203 mobile [email protected] [email protected] Lic. 01778125 Lic. 01293183