Property Overview: A rare opportunity to acquire a 14,657 SF surface parking lot in the heart of Downtown Los Angeles. This highly visible hard corner site at 105-117 W Pico Blvd offers excellent access, income potential, and long-term investment value. Investment Highlights: • Strong Income Potential: Currently generating $68,700 annually from parking and billboard revenue ($66,000 parking, $2,700 billboard). • Growth Opportunity: Potential to increase rents and improve revenue streams. • High-Traffic Location: Frontage on W Pico Blvd and S Main St, with traffic counts exceeding 18,000 vehicles per day. • Excellent Accessibility: Proximity to the 10, 101, 110, and I-5 freeways. Within walking distance of metro stations and major transit hubs. • Prime Downtown Location: Adjacent to the Garment District, near hotels, restaurants, and residential developments. • Seller Financing Available: Flexible terms for qualified buyers. Property Details: • Lot Size: 14,657 SF (Approx. 0.33 acres) • Zoning: C-2-4D-O (Commercial zoning allows for various future development possibilities) • Parking Capacity: Approx. 57 surface spaces • TOC Tier 3: Potential for transit-oriented development incentives • Council District: CD 14 - Kevin De Leon • Walk Score: 93 (Walker’s Paradise) • Transit Score: 100 (Rider’s Paradise) This offering is an exceptional opportunity for investors or developers seeking a stable income-producing asset with future upside in one of Los Angeles’ most dynamic submarkets.