SOON-TO-BE-REMODELED RETAIL BUILDING ADJACENT TO DOWNTOWN LOS ANGELES. Situated next to a freestanding O'Reilly Autoparts Store, this 5-unit retail property is slated for a complete interior and exterior rehab. Two of the five units are currently occupied by month-to-month tenants. These tenants can be vacated, and the site could be repositioned as a single tenant building or subdivided into smaller shop spaces. Complemented by a rare onsite parking lot, the superbly located property fronts onto Pico Boulevard, just north of Downtown Los Angeles, a few short blocks from Crypto.com Arena, the LA Convention Center, and LA Live. The steadily gentrifying area ranks among LA's most densely populated regions and boasts rising household income demographics.
Retail Shopping Center at the signalized intersection of Pico Boulevard and Valencia Street, just north of Downtown Los Angeles. Prime location adjacent to Crypto.com Arena, the Los Angeles Convention Center, and LA Live, hugely popular destination sites drawing an enormous volume of consumer traffic. Also nearby are a plethora of trendy eateries, gourmet restaurants, and hip night spots, contributing to the steady flow of area visitors. Freeway close, the property offers convenient access to the adjacent 110 + 10 freeways.