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Office

8750 W Pico Blvd

8750 W Pico Blvd, Los Angeles, CA 90035

Listing Price: $5,800,000

Gross SF
5,728
Rentable SF
5,728
Price/Gross SF
$1,012.57
Lot Size
0.15 acres
Year Built
1971

Investment Overview

8750 W Pico Blvd, located on a highly visible signalized corner in an ideal Pico Robertson location on W Pico Blvd just off of S Robertson Blvd. Built in 1971, this single-tenant freestanding building is ideal for an owner-user or investor looking to acquire a building surrounded by an abundance of shopping, restaurants, entertainment, and amenities in a central Los Angeles neighborhood. Totaling 5,728 SF, the space is currently occupied by a month to month tenant paying $12,000 per month. The building consists of a large, open bullpen area with an entrance leading to reception, along with multiple private offices already built-out. The total monthly rent is $12,000 with an additional $3,500 per month in income generated by the year-to-year billboard lease. There are a total of four parking spaces in the rear of the property.

Investment Highlights

  • Built in 1971, this single-tenant freestanding building totaling 5,728 SF is ideal for an owner-user or investor looking to acquire a building surrounded by an abundance of shopping, restaurants...
  • The space is currently occupied by month to month tenant paying $12,000 per month
  • The total monthly rent is $12,000 with an additional $3,500 per month in income generated by the year-to-year billboard lease.
  • There are a total of four parking spaces in the rear of the property
  • The Pico-Robertson neighborhood is an established Los Angeles community known for being highly walkable and providing an array of amenities within a half mile radius of the subject property.
  • With a walk score of 96, 8750 W Pico Blvd is adjacent to Walgreens, shares the block with the area's finest dining options, and is around then corner from Canfield Elementary School and La Cienega Park
  • With over 46,000 people living within a mile radius and over 44,000 cars per day, this location is highly visible within one of the most affluent areas of Central Los Angeles.

Exclusively Listed By

Financing By

Office

8750 W Pico Blvd

Listing Price: $5,800,000

Gross SF
5,728
Rentable SF
5,728
Price/Gross SF
$1,012.57
Lot Size
0.15 acres
Year Built
1971

Investment Highlights

  • Built in 1971, this single-tenant freestanding building totaling 5,728 SF is ideal for an owner-user or investor looking to acquire a building surrounded by an abundance of shopping, restaurants...
  • The space is currently occupied by month to month tenant paying $12,000 per month
  • The total monthly rent is $12,000 with an additional $3,500 per month in income generated by the year-to-year billboard lease.
  • There are a total of four parking spaces in the rear of the property
  • The Pico-Robertson neighborhood is an established Los Angeles community known for being highly walkable and providing an array of amenities within a half mile radius of the subject property.
  • With a walk score of 96, 8750 W Pico Blvd is adjacent to Walgreens, shares the block with the area's finest dining options, and is around then corner from Canfield Elementary School and La Cienega Park
  • With over 46,000 people living within a mile radius and over 44,000 cars per day, this location is highly visible within one of the most affluent areas of Central Los Angeles.

Investment Overview

8750 W Pico Blvd, located on a highly visible signalized corner in an ideal Pico Robertson location on W Pico Blvd just off of S Robertson Blvd. Built in 1971, this single-tenant freestanding building is ideal for an owner-user or investor looking to acquire a building surrounded by an abundance of shopping, restaurants, entertainment, and amenities in a central Los Angeles neighborhood. Totaling 5,728 SF, the space is currently occupied by a month to month tenant paying $12,000 per month. The building consists of a large, open bullpen area with an entrance leading to reception, along with multiple private offices already built-out. The total monthly rent is $12,000 with an additional $3,500 per month in income generated by the year-to-year billboard lease. There are a total of four parking spaces in the rear of the property.

Exclusively Listed By

Financing By

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