Property Detail

Description

WESTMAC Commercial Brokerage Company is thrilled to present an exclusive opportunity to acquire 651-653 N La Cienega Boulevard, an owner-user opportunity in the West Hollywood surrounds of Los Angeles, adjacent to Melrose Place. The 5,625 square foot building sits on 5,011 square feet of land and is currently leased to fashion brand Jonathan Simkhai, but will be delivered vacant. The loft space features multiple options to divide the space, opening options for a unique loft-like live/work space. The subject property was originally constructed as two side-by-side live/work spaces with 1-bedroom apartments on the 2nd level of each (and can easily be re-configured again as either two live/work spaces or one large one. Buyer to confirm the use with the city. The subject property is located in the city of Los Angeles with LAC4-1VL zoning. Built in 1967, the building has had a number of recent upgrades, including electrical, HVAC, roof, plumbing, restrooms, and the addition of a new facade. A private patio is at the rear of the building, and there is gated parking for three cars in the front. There is also a dedicated loading zone at the curb. The interior of the space offers a showroom, kitchenette, three restrooms, a fireplace, several offices and workspaces, and a conference room. Two open staircases connect the ground floor to the the loft space. With the dual address, the property is easily divided, offering additional flexibility for an investor or user. The subject property is an excellent opportunity to own property in a highly sought-after neighborhood, where property value continues to grow. The prime location of 651-653 N La Cienega within this luxury neighborhood makes it a compelling prospect for acquiring a commercial property. Don't miss out on this exciting opportunity to be part of Los Angeles's most valuable neighborhoods.