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2546, 2552-2554 W Pico Blvd 2546-2554 W Pico Blvd

13,050 SF 100% Leased Retail Building Los Angeles, CA 90006 $4,641,120 CAD ($356 CAD/SF)

Investment Highlights

  • SELLER FINANCING AVAILABLE WITH FLEXIBLE TERMS.
  • Low rent with high upside potential - Tenants are on short term leases with rents that are significantly below market.
  • Hard signalized Corner with high traffic counts.
  • Owner/user or Multi-Family redevelopment opportunity - TOC-3 designation with ED-1 eligibility.
  • Recent construction and renovations.

Executive Summary

Seller financing available with flexible terms. Seller is motivated and looking to make a deal. Subject Property is located on a hard corner in Koreatown. Includes 2 parcels with 13,050 SF GLA on 16,258 SF of land.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
13,050 SF
Building Class
C
Year Built
1906
Price
$4,641,120 CAD
Price Per SF
$356 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.80
Land Acres
0.37 AC
Zoning
C2 - Commercial
Parking
8 Spaces (0.61 Spaces per 1,000 SF Leased)
Frontage
55 ft on W Pico Blvd.
Walk Score ®
Walker's Paradise (92)
Bike Score ®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Bank of America
Bank of Hope
Yoshinoya
Food 4 Less
Capriotti's
Chase Bank
King Taco Restaurants Inc
Smart & Final
Northgate González Markets
DRNK Coffee + Tea / Qwench

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 5075-003-026
  • 5075-003-025
Land Assessment
$195,340 CAD
Improvements Assessment
$127,572 CAD
Total Assessment
$322,911 CAD
  • Listing ID: 31353716

  • Date on Market: 2024-03-28

  • Last Updated:

  • Address: 2546-2554 W Pico Blvd, Los Angeles, CA 90006

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