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3132 E Pico Blvd

10,008 SF Industrial Building Los Angeles, CA 90023 $3,933,104 CAD ($393 CAD/SF)

Investment Highlights

  • 10,000-Square-Foot Industrial Property Situated on 0.33 Acres of Land
  • Renovated in 2024 with New HVAC, Three-Phase Power, and 1,500 SF of Brand New Office
  • Features Bow Truss Ceiling with 13’-18’ Clear-Height, One (1) Dock High Loading Door and One (1) Ground-Level Door
  • Owner-User or Investor Lease Up Opportunity

Executive Summary

Marcus & Millichap is pleased to present the opportunity to acquire the property located at 3132 E Pico Boulevard in Los Angeles, California. The subject property consists of approximately 10,000 square feet of industrial warehouse space and is situated on 0.33 acres of land. This single-tenant asset features reinforced concrete construction, a bow truss ceiling with a clear height of 13’-18’, along with one (1) dock high loading door, one (1) ground-level door, and a brand new HVAC and three-phase power. With a secure and fended yard with ample parking, the vacant property can easily accommodate an owner-user with a high-traffic business. Located less than 5 miles from Downtown Los Angeles, the property has direct proximity to major thoroughfares including Interstate 5 and 10. For sale as vacant, the property is ideal for owner use or as a lease-up investment opportunity

Property Facts

Price $3,933,104 CAD
Price Per SF $393 CAD
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Distribution
Building Class C
Lot Size 0.33 AC
Rentable Building Area 10,008 SF
No. Stories 1
Year Built 1954
Tenancy Single
Parking Ratio 1.7/1,000 SF
Clear Ceiling Height 18 ft
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 1
Opportunity Zone Yes

Amenities

  • 24 Hour Access
  • Fenced Lot
  • Skylights

Utilities

  • Lighting
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5169-003-011
Land Assessment
$2,402,272 CAD
Improvements Assessment
$1,601,513 CAD
Total Assessment
$4,003,785 CAD

zoning

Zoning Code M3-1
M3-1
  • Listing ID: 33840789

  • Date on Market: 2024-11-12

  • Last Updated:

  • Address: 3132 E Pico Blvd, Los Angeles, CA 90023

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