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FREESTANDING COMMERCIAL BUILDING 3312 W SUNSET BOULEVARD FOR SALE

FOR SALE 3312 W SUNSET BOULEVARD - LoopNet · 2019. 4. 30. · WESTMAC Commercial Brokerage Company, as exclusive agents, are pleased to present for sale, 3312 W Sunset Boulevard

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Page 1: FOR SALE 3312 W SUNSET BOULEVARD - LoopNet · 2019. 4. 30. · WESTMAC Commercial Brokerage Company, as exclusive agents, are pleased to present for sale, 3312 W Sunset Boulevard

FREESTANDING COMMERCIAL BUILDING

3312 W SUNSET BOULEVARDFOR SALE

Page 2: FOR SALE 3312 W SUNSET BOULEVARD - LoopNet · 2019. 4. 30. · WESTMAC Commercial Brokerage Company, as exclusive agents, are pleased to present for sale, 3312 W Sunset Boulevard

TABLE OF

CONTENTS

Executive Summary

Property Information

Offering Highlights

Commercial Overview

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Page 3: FOR SALE 3312 W SUNSET BOULEVARD - LoopNet · 2019. 4. 30. · WESTMAC Commercial Brokerage Company, as exclusive agents, are pleased to present for sale, 3312 W Sunset Boulevard

©2019 WESTMAC Commercial Brokerage Company. All Rights Reserved. WESTMAC Commercial Brokerage fully supports the principles of the Equal Opportunity Act. WESTMAC Commercial Brokerage Company and the WESTMAC Commercial Brokerage Company logo are registered service marks owned by WESTMAC Commercial Brokerage Company and may not be reproduced by any means or in any form whatsoever without written permission.

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WESTMAC COMMERCIAL BROKERAGE COMPANY1515 S Sepulveda Boulevard

Los Angeles, CA 90025310.478.7700

DRE #01096973 www.westmac.com

Page 4: FOR SALE 3312 W SUNSET BOULEVARD - LoopNet · 2019. 4. 30. · WESTMAC Commercial Brokerage Company, as exclusive agents, are pleased to present for sale, 3312 W Sunset Boulevard

EXECUTIVE SUMMARY

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WESTMAC Commercial Brokerage Company, as exclusive agents, are pleased to present for sale, 3312 W Sunset Boulevard. 3312 W Sunset Boulevard consists of one freestanding, highly visible, commercial building. The offering totals about 1,625-square feet on approximately 2,500-square feet of land.

3312 W Sunset Boulevard is located at the intersection of Sunset and Micheltorena. Manicured homes and multifamily units make up the trendy residential neighborhood that surrounds the immediate vicinity. 3312 W Sunset Boulevard is in the heart of Silver Lake, one of the hottest, most desirable locations in Los Angeles. The property is located along a popular walking corridor. It is neighbors with such well known tenants as Night + Market Song, The Now Massage Boutique, Clare Vivier, The Hive, Alfred Coffee and many more.

Page 5: FOR SALE 3312 W SUNSET BOULEVARD - LoopNet · 2019. 4. 30. · WESTMAC Commercial Brokerage Company, as exclusive agents, are pleased to present for sale, 3312 W Sunset Boulevard

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Page 6: FOR SALE 3312 W SUNSET BOULEVARD - LoopNet · 2019. 4. 30. · WESTMAC Commercial Brokerage Company, as exclusive agents, are pleased to present for sale, 3312 W Sunset Boulevard

PROPERTY INFORMATION

FINANCIAL TERMS

* All information has been taken from public records; buyer to independently verify

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ADDRESS 3312 W Sunset Boulevard, Los Angeles, CA 90026

CROSS STREET Sunset and Micheltorena

BUILDING SIZE ± 1,625-square feet*

LAND SIZE ± 2,500-square feet*

APN 5426-007-015

PARKING Street

BUILT 1925

ZONING [Q] C2-1VL *

SALE PRICE $1,595,000

(Will be delivered vacant at close of escrow)

Page 7: FOR SALE 3312 W SUNSET BOULEVARD - LoopNet · 2019. 4. 30. · WESTMAC Commercial Brokerage Company, as exclusive agents, are pleased to present for sale, 3312 W Sunset Boulevard

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Page 8: FOR SALE 3312 W SUNSET BOULEVARD - LoopNet · 2019. 4. 30. · WESTMAC Commercial Brokerage Company, as exclusive agents, are pleased to present for sale, 3312 W Sunset Boulevard

Irreplaceable Silver Lake LocationRelentlessly hip, Eastside neighborhood with creative community and ever growing cool attitude. Rare opportunity to purchase a commercial building along Sunset Boulevard.

100% VacancyCurrently 100% vacant, this unique offering presents a great location for owner-users or value added potential to capitalize on the high demand, low supply of Silver Lake commercial real estate.

Dense Immediate Population with Affluent Area DemographicsSilver Lake attracts a number of high-level industry executives, celebrities and other high-earning individuals thanks to the cities close proximity to Hollywood.

Development Golden AgeLocated 5 buildings south of the new Vica Development with 31 new residences.

OFFERING HIGHLIGHTS

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This statement with the information it contains is given with the understanding that all negotiations relating to the purchase, renting, or leasing of the property described above shall be conducted through this office. The above information while not guaranteed has been secured from sources we believe to be reliable. We obtained the information contained in this memorandum from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction. The text of this publication, or any part thereof, may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording, storage in an information retrieval system, or otherwise, without prior permission.

Page 9: FOR SALE 3312 W SUNSET BOULEVARD - LoopNet · 2019. 4. 30. · WESTMAC Commercial Brokerage Company, as exclusive agents, are pleased to present for sale, 3312 W Sunset Boulevard

PROPERTY PHOTOS

Page 10: FOR SALE 3312 W SUNSET BOULEVARD - LoopNet · 2019. 4. 30. · WESTMAC Commercial Brokerage Company, as exclusive agents, are pleased to present for sale, 3312 W Sunset Boulevard

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• Custom brick work floor to ceiling

• Vintage barnwood on accent wall and offices

• New 8 foot high steel door and frame

• Kitchenette with new sink, faucet, cabinetry

• All new 220 Amp electrical line

• New flat roof membrane

• Surveillance cameras access control, 2 outdoor patio speakers

• CAT6 cabling for date, CAT5 cabling for phones

• NEST thermostat

POLISHED CONCRETE FLOORING, OPEN FLOOR PLAN, SKYLIGHTS THROUGHOUT, PROJECTOR ROOM AND OUTDOOR PATIO

HIGHLIGHTS OF RENOVATIONS MADE IN 2017

One [1] bathroom, kitchenette, three (3) offices, large main office area with open floor plan

25’ frontage on Sunset Boulevard

FEATURES

FRONTAGE

Page 11: FOR SALE 3312 W SUNSET BOULEVARD - LoopNet · 2019. 4. 30. · WESTMAC Commercial Brokerage Company, as exclusive agents, are pleased to present for sale, 3312 W Sunset Boulevard

19TH STREETAREA MAP

Page 12: FOR SALE 3312 W SUNSET BOULEVARD - LoopNet · 2019. 4. 30. · WESTMAC Commercial Brokerage Company, as exclusive agents, are pleased to present for sale, 3312 W Sunset Boulevard

FOR MORE INFORMATION OR BUILDING TOUR

MICHAEL F. ROJASAssociate Vice President424.832.5302 | [email protected] | DRE #01853734

WESTMAC COMMERCIAL BROKERAGE COMPANY1515 S Sepulveda Boulevard | Los Angeles, CA 90025

310.478.7700 | DRE #01096973 | www.westmac.com

©2019 WESTMAC Commercial Brokerage Company. All Rights Reserved. WESTMAC Commercial Brokerage fully supports the principles of the Equal Opportunity Act. WESTMAC Commercial Brokerage Company and the WESTMAC Commercial Brokerage Company logo are registered service marks owned by WESTMAC Commercial Brokerage Company and may not be reproduced by any means or in any form whatsoever without written permission.