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INVESTMENT HIGHLIGHTS
- Free Standing Retail Building with Gated Parking
- Flexible C4 Zoning
- Buyer can potentially demise into multiple units
- TOC Tier3
EXECUTIVE SUMMARY
Located at 6035 W Pico Blvd in Los Angeles, this freestanding retail building offers excellent visibility and versatility in a high-traffic corridor. The property features gated on-site parking and benefits from flexible C4 zoning, allowing for a wide range of commercial uses. With the potential to be demised into multiple units, it presents an ideal opportunity for owner-users or investors seeking multi-tenant income potential. Positioned within a TOC Tier 3 area, the site may also offer added development incentives, making it a strategic asset in a growing and well-connected neighborhood.
PROPERTY FACTS
Sale Type
Owner Occupier
Property Type
Retail
Property Subtype
Shopfront Retail / Office
Property Size
7,314 sq ft
Costar Property Class
C
Year Built
1948
Price
£2,887,365
Price per sq ft
£394.77
Tenancy
Single
Number of Floors
1
Plot ratio
0.74
Total Plot Size
0.23 ac
Use Class
LAC4 - Property with C4 zoning and Tier 3 TOC status offers flexibility, incentives, and prime location benefits, making it a valuable asset for developers.
Parking
4 Spaces (0.55 Spaces per 1,000 sq ft Leased)
Frontage
104 ft on W Pico Blvd
AMENITIES
- Corner Lot
- Signalised Intersection
Walk Score®
Easily Walkable (89)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5087-016-017 | Improvements Assessment | £388,355 |
| Land Assessment | £3,106,843 | Total Assessment | £3,495,198 |
PROPERTY TAXES
Parcel Number
5087-016-017
Land Assessment
£3,106,843
Improvements Assessment
£388,355
Total Assessment
£3,495,198
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6035 W Pico Blvd
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