1403 – 1411 W Pico Blvd is a rare opportunity to buy and own a stabilized leased investment with a high credit tenant in the heart of Los Angeles. The current tenant, Caliber Collision, has a strong reputation as one of the best auto care tenants in the NNN leased investment marketplace. They have a strong track record for success. If a stabilized leased investment is not in the cards for a buyer long term, then they can take advantage of the high density residential zoning and develop a large apartment building on the site. The area and proximity to Downtown LA should cater to both the market rate and affordable sectors.