2881-2891 W Pico Blvd 12,385 SF 15% Leased Retail Building Los Angeles, CA 90006 $6,964,044 CAD ($562.30 CAD/SF)

INVESTMENT HIGHLIGHTS

  • Korea-town corner location
  • Fenced parking
  • Upgraded showing room & restroom with mezzanine space

EXECUTIVE SUMMARY

- Korea Town area with upgraded showing room
- Great owner use or investment
- North East Corner of Pico & Kingsley
- Fenced parking + Street parking
- near Smart & Final, School, Church, Restaurant
- Appraisal report shows 12,385 SF improvement. Property profile indicates 8,444 SF (Buyer to verify)
- 1 tenant occupies 1,840 SF with approximately $4,400/m (Month to month)
Buyer to verify the permit, size, zoning, and use code.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
12,385 SF
Building Class
C
Year Built
1925
Price
$6,964,044 CAD
Price Per SF
$562.30 CAD
Percent Leased
15%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.89
Lot Size
0.32 AC
Zoning
C2
Parking
6 Spaces (0.48 Spaces per 1,000 SF Leased)

AMENITIES

  • Fenced Lot
  • Mezzanine
  • Storage Space
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 10,500 SF
  • Office
  • -
  • Now

Currently used as an Upscaled Furniture store. Features include a wooden floor, bright light on the ceiling, a super-clean restroom, storage, and fenced parking. Excellent corner location with ample street parking. Suitable for Creative offices, Warehouse, Furniture, etc. Easy access to Korea Town & Down Town, and Freeway. Central A/C.

Space Size Space Use Position Available
1st Floor 10,500 SF Office - Now

1st Floor

Size
10,500 SF
Space Use
Office
Position
-
Available
Now
Walk Score®
Walker's Paradise (92)

NEARBY MAJOR RETAILERS

Smart & Final
Food 4 Less
Yoshinoya
Capriotti's
Bank of America
Chase Bank
Bank of Hope
Jons Marketplace
U.S. Bank
Starbucks

PROPERTY TAXES

  • Listing ID: 34276645

  • Date on Market: 2024-12-23

  • Last Updated:

  • Address: 2881-2891 W Pico Blvd, Los Angeles, CA 90006