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Investment Highlights
- Free Standing Retail Building with Gated Parking
- Flexible C4 Zoning
- Buyer can potentially demise into multiple units
- TOC Tier3
Executive Summary
Located at 6035 W Pico Blvd in Los Angeles, this freestanding retail building offers excellent visibility and versatility in a high-traffic corridor. The property features gated on-site parking and benefits from flexible C4 zoning, allowing for a wide range of commercial uses. With the potential to be demised into multiple units, it presents an ideal opportunity for owner-users or investors seeking multi-tenant income potential. Positioned within a TOC Tier 3 area, the site may also offer added development incentives, making it a strategic asset in a growing and well-connected neighborhood.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,314 SF
Building Class
C
Year Built
1948
Price
$5,365,698 CAD
Price Per SF
$733.62 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.74
Lot Size
0.23 AC
Zoning
LAC4 - Property with C4 zoning and Tier 3 TOC status offers flexibility, incentives, and prime location benefits, making it a valuable asset for developers.
Parking
4 Spaces (0.55 Spaces per 1,000 SF Leased)
Frontage
104’ on W Pico Blvd
Amenities
- Corner Lot
- Signalized Intersection
Very walkable
80/100
Exceptionally drivable
90/100
Good public transit
70/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5087-016-017 | Improvements Assessment | $714,281 CAD |
| Land Assessment | $5,714,251 CAD | Total Assessment | $6,428,533 CAD |
Property Taxes
Parcel Number
5087-016-017
Land Assessment
$5,714,251 CAD
Improvements Assessment
$714,281 CAD
Total Assessment
$6,428,533 CAD
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6035 W Pico Blvd
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