Located in the vibrant heart of Los Angeles's Mid-City district, this exceptional commercial property stands at the strategic intersection of Pico and San Vicente Boulevards.? The two-story office building, constructed in 1972, offers 16,444 square feet of versatile space on a generous 28,279 square foot (0.65 acres) combined lot.? The property includes an 11,420 square foot parking area accommodating 48 vehicles, ensuring ample parking for tenants and visitors alike.?
The property's prime location delivers unmatched accessibility, positioned equidistant from Downtown LA, Beverly Hills, Santa Monica, Hollywood, and Inglewood.? With over 5,000 vehicles passing daily along Pico Boulevard and a major bus station hub directly serving the site, the location ensures consistent exposure and convenience.? A shopping plaza anchored by Lowe's sits across the street, contributing to steady foot traffic throughout the area.? The immediate vicinity boasts a robust office market, with approximately 3,000 to 5,000 square feet of office space currently leasing within a 3 to 5-mile radius along the Pico corridor, indicating strong demand for commercial space in this central location.?
Current zoning permits diverse commercial applications including office, medical, gymnasiums, and health clubs.? The property's future development potential is significantly enhanced by its TOC Tier 4 designation, creating compelling opportunities for mixed-use development while capitalizing on the growing demand for both commercial and residential space in this prime Mid-City location.?