5353 W Pico Blvd - Day Care Center FOR SALE


Los Angeles, CA 90019
$2,895,000 USD
323-857-1400
5353 W Pico Blvd, Los Angeles, CA for Sale
$2,895,000 USD
Day Care Center - FOR SALE
1/15
null | Request Cap Rate

5353 W Pico Blvd
Los Angeles, CA 90019


HIGHLIGHTS

  • Highly visible corner lot location.
  • Appox. 24,000+ cars per day.
  • Lot Size: 8061 Square Feet
  • Prime Mid City Location
  • Zoning C4

OVERVIEW

This highly visible corner lot located in the mist of the real estate development boom of Pico Blvd. An ideal investment opportunity for an owner-user, the property is presently being operated as a pre-school. The school currently uses the side lot as a playground but can be used as a parking lot. The current site consists of a 4,080 square foot building on an 8,061 square foot lot zoned C-4 for Strip Mall, Condos, Apartments. Buyer to verify all development opportunities and potential use in due diligence. Note: the school business is sold separately.

FOR SALE DETAILS

PRICE

$2,895,000 USD

PRICE/SF

$710 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

ADD'L SUBTYPES

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

8,051 SF

ZONING

C4-1-O

APN/PARCEL ID

5085-033-017

ASK ABOUT THIS PROPERTY

Aisha AndrewsArchitectural EstatesMore Info
323-857-1400

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Aisha AndrewsArchitectural EstatesMore Info
323-857-1400

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