We are pleased to present to the market 1637-1639 SilverLake Blvd, a mixed-use retail and office building located in one of the most desirable pockets of Silver Lake. 1637-1639 Silver Lake Blvd is anchored by L&E Oyster Bar, one of Silver Lake's most popular restaurants since 2012. In addition to its popularity, L&E Oyster Bar has made significant investments to its space and holds a Type 47 liquor license. The other primary retail space at the property is currently vacant / will be delivered vacant, providing immediate upside potential. This short stretch of retail along Silver Lake Blvd is tucked away in a dense residential pocket north of Sunset Blvd and south of the Silver Lake Reservoir and has become one of the neighborhood's most popular destinations for locals drawn by neighboring tenants such as LAMILL Coffee Shop, Alimento, Botanica, and The Silver Lake House. Due to the unique neighborhood atmosphere, heavy foot traffic, and limited space available, vacancies are rare and rents remain competitive. Silver Lake is a trendy, creative and hip residential neighborhood located northeast of Downtown Los Angeles. Silver Lake is an immensely walkable neighborhood and Sunset Junction, the corridor of Sunset Boulevard that meets Santa Monica Blvd. is considered the "Abbot Kinney" of the Eastside. This sale includes APN's: 5425-017-003 & 5425-017-002 and a total of 5,067 sq ft of Retail/Office Space, per public record. Income and Expense Details include information from all existing businesses in operation at both 1637 and 1639 Silver Lake Blvd. True price per square feet is $789.
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Listing Agent: Mark Cianciulli
Listing Office: The CREM Group