10986 W Pico Blvd - Storefront FOR SALE


Los Angeles, CA 90064- West Los Angeles
$2,000,000 USD
310-595-2223
10986 W Pico Blvd, Los Angeles, CA for Sale
$2,000,000 USD
Storefront - FOR SALE
1/8
null | Request Cap Rate

10986 W Pico Blvd
Los Angeles, CA 90064
West Los Angeles


OVERVIEW

Cushman & Wakefield is pleased to present a rare opportunity to acquire a retail/bakery building located in the heart of West Los Angeles at 10986-10990 West Pico Boulevard. This 2,940 SF freestanding retail building, originally constructed in 1954, offers exceptional versatility for a wide range of commercial uses. The property is delivered vacant, making it an ideal option for an owner-user seeking immediate occupancy or an investor looking to reposition and capitalize on strong local demand for services and food operators. Situated along highly traveled West Pico Boulevard corridor, between Sepulveda Boulevard and Westwood Boulevard, the building benefits from excellent visibility, consistent traffic counts, and proximity to affluent surrounding neighborhoods including Cheviot Hills, Century City, and Westwood. The site includes five dedicated parking spaces, favorable LAC2 zoning, and sits on a 4,200 SF lot within one of Los Angeles’ most desirable infill residential/commercial corridors. This section of Pico Boulevard is known for its strong demographics, boasting a population of more than 327,381 residents within a 3 mile radius (and more coming) and an average household income exceeding $180,486 creating a robust customer base and long-term value potential. Whether reimagined as a bakery, café, specialty retailer, studio, or other neighborhood-serving business—or held as a high visibility investment—this property offers significant upside in a supply constrained market. The combination of flexible space, prime location makes this a standout acquisition opportunity in West Los Angeles.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$680 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

LAC2

APN/PARCEL ID

4256-007-002

ASK ABOUT THIS PROPERTY

Leslie J. MayerCushman & WakefieldMore Info
310-595-2223

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Leslie J. MayerCushman & WakefieldMore Info
310-595-2223

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.