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2881-2891 W Pico Blvd

12,385 SF 13% Leased Retail Building Los Angeles, CA 90006 £3,969,146 (£320/SF)

Investment Highlights

  • Korea-town corner location
  • Fenced parking
  • Upgraded showing room & restroom with mezzanine space

Executive Summary

- Korea Town area with upgraded showing room
- Great owner use or investment
- North East Corner of Pico & Kingsley
- Fenced parking + Street parking
- near Smart & Final, School, Church, Restaurant
- Appraisal report shows 12,385 SF improvement. Property profile indicates 8,444 SF (Buyer to verify)
- 1 tenant occupies 1,840 SF with approximately $4,400/m (Month to month)
Buyer to verify the permit, size, zoning, and use code.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
12,385 SF
Building Class
C
Year Built
1925
Price
£3,969,146
Price Per SF
£320
Percent Leased
13%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.89
Lot Size
0.32 AC
Zoning
C2
Parking
6 Spaces (0.48 Spaces per 1,000 SF Leased)

Amenities

  • Fenced Lot
  • Mezzanine
  • Storage Space
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 10,500 SF
  • Office
  • -
  • Now

Currently used as an Upscaled Furniture store. Features include a wooden floor, bright light on the ceiling, a super-clean restroom, storage, and fenced parking. Excellent corner location with ample street parking. Suitable for Creative offices, Warehouse, Furniture, etc. Easy access to Korea Town & Down Town, and Freeway. Central A/C.

Space Size Space Use Position Available
1st Floor 10,500 SF Office - Now

1st Floor

Size
10,500 SF
Space Use
Office
Position
-
Available
Now

1st Floor

Size 10,500 SF
Space Use Office
Position -
Available Now

Currently used as an Upscaled Furniture store. Features include a wooden floor, bright light on the ceiling, a super-clean restroom, storage, and fenced parking. Excellent corner location with ample street parking. Suitable for Creative offices, Warehouse, Furniture, etc. Easy access to Korea Town & Down Town, and Freeway. Central A/C.

Walk Score ®
Walker's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Smart & Final
Food 4 Less
Yoshinoya
Capriotti's
Bank of America
Chase Bank
Bank of Hope
Jons Marketplace
Sizzler
U.S. Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 5080-028-015
  • 5080-028-016
Land Assessment
£524,546
Improvements Assessment
£216,561
Total Assessment
£741,107
  • Listing ID: 34276645

  • Date on Market: 23/12/2024

  • Last Updated:

  • Address: 2881-2891 W Pico Blvd, Los Angeles, CA 90006

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