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2546, 2552-2554 W Pico Blvd 2546-2554 W Pico Blvd 13,050 SF 100% Leased Retail Building Los Angeles, CA 90006 $4,521,000 CAD ($346.44 CAD/SF)
Investment Highlights
- SELLER FINANCING AVAILABLE WITH FLEXIBLE TERMS.
- Low rent with high upside potential - Tenants are on short term leases with rents that are significantly below market.
- Hard signalized Corner with high traffic counts.
- Owner/user or Multi-Family redevelopment opportunity - TOC-3 designation with ED-1 eligibility.
- Recent construction and renovations.
Executive Summary
Seller financing available with flexible terms. Seller is motivated and looking to make a deal. Subject Property is located on a hard corner in Koreatown. Includes 2 parcels with 13,050 SF GLA on 16,258 SF of land.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
13,050 SF
Building Class
C
Year Built
1906
Price
$4,521,000 CAD
Price Per SF
$346.44 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.80
Lot Size
0.37 AC
Zoning
C2 - Commercial
Parking
8 Spaces (0.61 Spaces per 1,000 SF Leased)
Frontage
55’ on W Pico Blvd.
Amenities
- Corner Lot
- Signage
- Signalized Intersection
- Wheelchair Accessible
- Air Conditioning
Very walkable
80/100
Exceptionally drivable
100/100
Exceptional public transit
90/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $128,493 CAD | |
| Land Assessment | $196,751 CAD | Total Assessment | $325,243 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$196,751 CAD
Improvements Assessment
$128,493 CAD
Total Assessment
$325,243 CAD
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2546, 2552-2554 W Pico Blvd | 2546-2554 W Pico Blvd
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