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4430 W Pico Blvd 0.17 Acres of Commercial Land Offered at $1,744,000 CAD in Los Angeles, CA 90019

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EXECUTIVE SUMMARY

Seize this rare and incredible development opportunity in the heart of Koreatown! This prime commercial land, available for just under $1.3M, is zoned for LAC4 TOC Tier 3, offering the potential for brand-new construction. Located just south of Hancock Park and north of Victoria Park and Lafayette Park, this property is ideally positioned for future growth. The property will be delivered vacant at the close of escrow, making it perfect for owner use or a 1031 exchange. With its strategic location and development potential, this land will not last long, don't miss your chance to capitalize on this highly sought-after area! Contact us today to learn more!

PROPERTY FACTS

Price $1,744,000 CAD
Sale Type Investment
Sale Conditions
1031 Exchange
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Office
  • Multifamily
Total Lot Size 0.17 AC
No. Stories 1
Zoning LAC4 - LAC4 TOC Tier 3 - mixed-use development

1 LOT AVAILABLE

Lot

Price $1,744,000 CAD
Price Per AC $10,498,687.77 CAD
Lot Size 0.17 AC

Potential for 30 units to go on property with mixed use development

DESCRIPTION

Positioned in the vibrant heart of Koreatown and nestled within the Arlington Heights neighborhood, 4430 W Pico Blvd offers a rare and compelling development opportunity. This 0.17-acre parcel of commercial land is zoned LAC4 TOC Tier 3, allowing for mixed-use development with the potential to build up to 30 residential units alongside commercial space. The property currently includes a 1,225-square-foot single-story structure built in 1923, historically used for service-oriented businesses such as repair shops and laundries

Walk Score®
Walker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5082-012-006
Land Assessment
$1,870,525 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,870,525 CAD
  • Listing ID: 35852937

  • Date on Market: 2025-05-14

  • Last Updated:

  • Address: 4430 W Pico Blvd, Los Angeles, CA 90019

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