11714-11720 W Pico Blvd - Storefront Retail/Office FOR SALE


Los Angeles, CA 90064
$3,350,000 USD
661-993-4383
11714-11720 W Pico Blvd, Los Angeles, CA for Sale
$3,350,000 USD
Storefront Retail/Office - FOR SALE
1/46
null | Request Cap Rate

11714-11720 W Pico Blvd
Los Angeles, CA 90064


HIGHLIGHTS

  • 75% vacant space for an owner/user to occupy
  • Value add opportunity
  • Billboard income
  • Adjacent to signalized corner

OVERVIEW

With 75% of the property being delivered vacant, it is an ideal opportunity for an owner/user looking to occupy the building or an investor that can add value to achieve top of the market lease rates. There is currently $4,000 of monthly income in place. The billboard income is month to month and provides an opportunity for a renegotiation at potentially higher rents

FOR SALE DETAILS

PRICE

$3,350,000 USD

PRICE/SF

$364 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Freestanding, Storefront, Office Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,495 SF

ZONING

LAC2 TOC Tier 3

APN/PARCEL ID

4260-030-017

ASK ABOUT THIS PROPERTY

Chris SteckKidder MathewsMore Info
661-993-4383

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Chris SteckKidder MathewsMore Info
661-993-4383

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