2663-2667 W Pico Blvd - Storefront FOR SALE


Los Angeles, CA 90006- Harvard Heights
$1,400,000 USD
310-740-7283
2663-2667 W Pico Blvd, Los Angeles, CA for Sale
$1,400,000 USD
Storefront - FOR SALE
1/13
null | Request Cap Rate

2663-2667 W Pico Blvd
Los Angeles, CA 90006
Harvard Heights


HIGHLIGHTS

  • Multi-tenant retail/office property within the Pico-Union submarket in the City of Los Angeles
  • Situated on the Pico Boulevard commercial thoroughfare in Pico-Union
  • Value-add investment or ideal owner-user opportunity for a mixed-use property
  • Easy access to the 10 and 110 freeways
  • Supply constricted neighborhood with a low level of availability
  • Wide array of potential uses at the property

OVERVIEW

Kidder Mathews is pleased to present 2663 W Pico Blvd, a ±5,800 SF mixed-use retail/office property situated on the Pico Boulevard commercial corridor in the heart of Los Angeles' Pico-Union neighborhood. The property sits on a ±7,149 SF (±0.16 AC) lot zoned C2-1, offering both immediate income potential and long-term development flexibility. Built in 1948, the building is currently configured as a multi-tenant asset comprising four spaces — a retail unit, a bar, and two additional units including a rear building — providing a mix of in-place income and vacancy well-suited to an owner/user looking to occupy a portion of the property while leasing out the remainder, or to a value-add investor targeting upside through lease-up and rent growth. The property benefits from a highly connected, supply-constrained infill location with easy access to both the I-10 and CA-110 freeways, and is just a short distance from Koreatown, Downtown Los Angeles, and USC. Pico Boulevard's steady pedestrian and vehicle traffic supports a range of neighborhood-serving retail, service, and office uses, while the underlying C2-1 zoning preserves optionality for future redevelopment. Whether pursued as an owner-user headquarters, a stabilized income property, or a value-add repositioning play, 2663 W Pico Blvd offers a rare, flexible foothold in one of Central LA's most dynamic and supply-restricted submarkets.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$241 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

undefined, Warehouse, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,149 SF

ZONING

LAC2-1

APN/PARCEL ID

5078-032-014

ASK ABOUT THIS PROPERTY

Elizabeth ClarkKidder MathewsMore Info
310-740-7283

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Elizabeth ClarkKidder MathewsMore Info
310-740-7283

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