2271-2281 W Pico Blvd - Freestanding FOR SALE


Los Angeles, CA 90006- Harvard Heights
$2,500,000 USD
213-760-0044
2271-2281 W Pico Blvd, Los Angeles, CA for Sale
$2,500,000 USD
Freestanding - FOR SALE
1/9
null | Request Cap Rate

2271-2281 W Pico Blvd
Los Angeles, CA 90006
Harvard Heights


OVERVIEW

Investor’s dream on Pico Blvd, fully leased retail strip with strong returns, 2271–2281 W Pico Blvd, Los Angeles, CA 90006. This is a rare opportunity to acquire a 100% leased, high-performing retail center in the heart of one of Los Angeles’ busiest commercial corridors. With rental income and 3% annual increases, this asset delivers a strong cap rate of over 6%, backed by long-term, stable tenants and zero vacancy. The property consists of six street-facing retail units, anchored by a well-known Peruvian rotisserie chicken restaurant that draws consistent foot traffic. Additional tenants include a bicycle shop, nail salon, ice cream shop, boutique fashion store, optical shop, and a dollar store. All tenants are on modified gross leases, covering their own utilities and maintenance, which ensures minimal landlord responsibilities and maximum net income. Situated on high-visibility Pico Blvd, the property benefits from strong vehicle and pedestrian traffic daily. The roof was repaired in 2024, adding further value and reducing near-term capital needs. This is a turnkey, income-producing investment with built-in rental growth, ideal for investors seeking reliable cash flow, long-term appreciation, or a solid 1031 exchange replacement. A strategic addition to any portfolio. Please do not disturb tenants. Drive by only.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$401 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1924

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,720 SF

ZONING

LAC2

APN/PARCEL ID

5076-016-011

ASK ABOUT THIS PROPERTY

Lena ByunNewStar Realty & InvestmentMore Info
213-760-0044

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Lena ByunNewStar Realty & InvestmentMore Info
213-760-0044

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