3006-3012 W Pico Blvd - Storefront Retail/Residential FOR SALE


Los Angeles, CA 90006- Harvard Heights
$1,349,000 USD
213-220-9800
3006-3012 W Pico Blvd, Los Angeles, CA for Sale
$1,349,000 USD
Storefront Retail/Residential - FOR SALE
1/12
null | 4.22% Cap Rate

3006-3012 W Pico Blvd
Los Angeles, CA 90006
Harvard Heights


HIGHLIGHTS

  • Retail - Residential - Mixed Use - An Excellent Owner-User SBA Loan Opportunity!
  • Two Retail spaces approximately 1,200 sq. ft. each. Both Retail Tenants are Month to Month.
  • 2nd Floor Apartments include 2 - Two Bedroom One Bath Units (Appx 900sf) and 2 Non-Conforming Studios (Appx. 300sf).
  • Please Note that the two original second floor apartments were likely 2 - Three Bedroom Two Bath Units -(Appx 1200sf).
  • Parking lot with nine spaces at the rear of the building which can be accessed from Oxford Avenue via an easement

OVERVIEW

Owner Is Motivated - Bring All Offers!!! Retail-Residential - Mixed Use - The Subject Property is an Excellent Owner-User SBA Opportunity!!! Ground Floor Retail - Two Spaces Approximately 1200 sf each. Both Retail Tenants are currently Month to Month Tenants. The 2nd Floor Apartments include 2 Two Bedroom One Bath Apartments (Appx 900 sf each) and 2 Non-Conforming Studio Apartments (Appx. 300 sf each). Please Note that the two original second floor apartments were likely 2 Three Bedroom Two Bath Apartments (Appx 1200 sf). Buyer to confirm status. Additionally, the Subject Property has a parking lot with nine spaces at the rear of the building which can be accessed from Oxford Avenue via a recorded easement in favor of the owner of the Subject Property.

FOR SALE DETAILS

PRICE

$1,349,000 USD

PRICE/SF

$281 USD /SF

CAP RATE

4.22%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Restaurant, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1904

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

C2-1VL

APN/PARCEL ID

5074-002-008

ASK ABOUT THIS PROPERTY

Mark KonopaskeLee & Associates - ISGMore Info
213-220-9800

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Mark KonopaskeLee & Associates - ISGMore Info
213-220-9800

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