4158 W Pico Blvd - Storefront FOR SALE


Los Angeles, CA 90019- Arlington Heights
$2,400,000 USD
213-446-3636
4158 W Pico Blvd, Los Angeles, CA for Sale
$2,400,000 USD
Storefront - FOR SALE
1/32
null | 5.02% Cap Rate

4158 W Pico Blvd
Los Angeles, CA 90019
Arlington Heights


OVERVIEW

Prime location in Mid-City along W. Pico Blvd. Property is one building that is a total of 5,625 SF with high ceilings and sits on a 9,424 SF lot with alley access in the rear. There are about 9 surface parking spots in the rear. There are a total of 6 tenants, including the owners store which will be vacated by the close of escrow. The rest of the tenants are on month to month rental agreements and the seller will deliver at least 50% of the property vacant at the close of escrow. The property is favorably zoned LAC4-2-O-CPIO and is a Transit Oriented Community Tier 3. Many new mixed-use residential developments are happening through-out the area.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$427 USD /SF

CAP RATE

5.02%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1913

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,424 SF

ZONING

LAC4

APN/PARCEL ID

5072-005-013

ASK ABOUT THIS PROPERTY

Stephen WatsonTotal Realty GroupMore Info
213-446-3636

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Stephen WatsonTotal Realty GroupMore Info
213-446-3636

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