$2,480,000
$2,695,000
8.0%For more information regarding the value of a property, please contact us for a free consultation.
7,910 Sqft Lot
SOLD DATE : 01/31/2023
Key Details
Sold Price $2,480,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 22160663
Sold Date 01/31/23
HOA Y/N No
Year Built 1932
Lot Size 7,910 Sqft
Property Description
The CREM Group is pleased to bring to market, 2500 Riverside Drive. Located on the corner of Riverside Drive and Fletcher Drive, the property boasts a 5,300+ sq. ft. single tenant commercial building, which is currently home to Ivanhoe Restaurant & Bar, a Silver Lake neighborhood staple. This unique location, with excellent street visibility and additional covered patio seating, is situated on the fringe of Silver Lake, Frog Town, Atwater Village, and Los Feliz, attracting patrons from all of these highly desirable neighborhoods and more. The tenant currently has a license for additional 40+ parking spaces with LADWP and the property has received a clean Phase 1 environmental clearance. This is a trust sale, court confirmation is not required. Two parcels, APN 5438-023-001 & 5438-023-002. The business and building can be sold together. Please call listing broker for details.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LAC2
Interior
Fireplace No
Exterior
Total Parking Spaces 40
Building
Story 1
Others
Tax ID 5438023001
Financing Cash,Conventional,Private
Special Listing Condition Standard
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