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Vacant-User

5353 W Pico Blvd

5353 W Pico Blvd, Los Angeles, CA 90019

Listing Price: $2,200,000

Cap Rate
1.00%
Gross SF
4,080
Rentable SF
4,080
Price/Gross SF
$539.22
Lot Size
0.19 acres
Year Built
1957

Investment Overview

See highlights

Investment Highlights

  • Built in 1957, this investment opportunity is optimal for an owner-user or investor to acquire for a retail or office space surrounded by an abundance of shopping, restaurants, entertainment....
  • Opportunity for redevelopment as the site totals 8,061 SF zoned C4-1-O. Potential to build up to 20 units by-right. (Buyer to verify development potential in due diligence.)
  • The current site consists of a 4,080 square foot building on an 8,061 square foot lot and is presently being operated as a pre-school. Side playground can be converted to a parking lot.
  • The total gross monthly rent is $4,250 with the tenants on a month-to-month lease.

Exclusively Listed By

Listing Price: $2,200,000

Cap Rate
1.00%
Gross SF
4,080
Rentable SF
4,080
Price/Gross SF
$539.22
Lot Size
0.19 acres
Year Built
1957

Investment Highlights

  • Built in 1957, this investment opportunity is optimal for an owner-user or investor to acquire for a retail or office space surrounded by an abundance of shopping, restaurants, entertainment....
  • Opportunity for redevelopment as the site totals 8,061 SF zoned C4-1-O. Potential to build up to 20 units by-right. (Buyer to verify development potential in due diligence.)
  • The current site consists of a 4,080 square foot building on an 8,061 square foot lot and is presently being operated as a pre-school. Side playground can be converted to a parking lot.
  • The total gross monthly rent is $4,250 with the tenants on a month-to-month lease.

Investment Overview

See highlights

Exclusively Listed By

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