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Tony's Meat Market 2596 W Pico Blvd 7,571 SF 100% Leased Retail Building Los Angeles, CA 90006 $5,861,468 CAD ($774.20 CAD/SF) 2.22% Cap Rate
INVESTMENT HIGHLIGHTS
- Signalized corner of Pico and Catalina.
- Huge upside potential with rents.
- Lots of visibility and traffic.
EXECUTIVE SUMMARY
This sale includes 2 - Properties. A retail store at 2596 W. Pico and a 2-unit apartment at the subject address. The properties are fully leased but can be available for an owner-user. Price and terms are negotiable. Pico boulevard remains a very strong retail corridor with lots of neighboring national and local retail credit tenants.
Close to Loyola High School and the busy intersection of Pico and Vermont. High traffic area with great visibility.
Close to Loyola High School and the busy intersection of Pico and Vermont. High traffic area with great visibility.
DATA ROOM Click Here to Access
- Offering Memorandum
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,571 SF
Building Class
C
Year Built
1905
Price
$5,861,468 CAD
Price Per SF
$774.20 CAD
Cap Rate
2.22%
NOI
$129,929 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.95
Lot Size
0.18 AC
Zoning
C2-2, City of L.A. - Tier 3 - TOC Designation for redevelopment.
Frontage
Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (71)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5075-005-001 | Improvements Assessment | $543,773 CAD (2025) |
| Land Assessment | $935,813 CAD (2025) | Total Assessment | $1,479,586 CAD (2025) |
PROPERTY TAXES
Parcel Number
5075-005-001
Land Assessment
$935,813 CAD (2025)
Improvements Assessment
$543,773 CAD (2025)
Total Assessment
$1,479,586 CAD (2025)
1 of 4
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Tony's Meat Market | 2596 W Pico Blvd
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