r1_topleft r1_topmid r1_topright
r2_left
r3_left r3_mid r3_right
fill
fill

r4_mid

3201 E Pico Boulevard,  Los Angeles CA, 90023

(Active)
$655,000
|
1,870 sqft
|
MLS# OC24060765
Last Updated: 5/18/2024 4:07 AM
Description for 3201 E Pico Boulevard Los Angeles, CA 90023
Two units!!! This mixed-use property presents a rare and valuable opportunity for ambitious entrepreneurs and investors/ developers. This property boasts excellent visibility with significant street signage, perfect for capturing the attention of the high foot traffic in the area.The front unit of the building is currently in shell condition. It needs work / repairs, but open space is an ideal setting for a creative build-out that could cater to a variety of commercial uses (Buyers can verify city or county with regard to their intended use).In contrast, the back unit is currently occupied by a long-term tenant, although the current lease is month-to-month and well below the market rate, it presents a potential for growth in rental income, with the opportunity to renegotiate terms that align more closely with area averages.
Price
$655,000
Los Angeles
1,870 (approx)
OC24060765
Active
Description
Two units!!! This mixed-use property presents a rare and valuable opportunity for ambitious entrepreneurs and investors/ developers. This property boasts excellent visibility with significant street signage, perfect for capturing the attention of the high foot traffic in the area.The front unit of the building is currently in shell condition. It needs work / repairs, but open space is an ideal setting for a creative build-out that could cater to a variety of commercial uses (Buyers can verify city or county with regard to their intended use).In contrast, the back unit is currently occupied by a long-term tenant, although the current lease is month-to-month and well below the market rate, it presents a potential for growth in rental income, with the opportunity to renegotiate terms that align more closely with area averages.
Listing Information
Property Type: Mixed Use, Business Opportunities, 1 Story
0.15 Acres Assessor 1,870 (approx)
1922 1
Public
Neighborhood
Room Information
Outside
Exterior / Lot Features
0 Covered Parking Spaces,
2-5 Units/Acre
Driving Directions
Between E Pico Blvd and S Grande Vista Ave
Financial Considerations
5190029032
Listing Price History

Los Angeles Real Estate

Los Angeles is located in California. Los Angeles, California 90023 has a population of 3,956,168.

The median household income in Los Angeles, California 90023 is $44,882. The median household income for the surrounding county is $73,262 compared to the national median of $66,222. The median age of people living in Los Angeles 90023 is 38 years.

Loading nearby sales and history ...
Listing Agent: Jinghang Martin CalDRE: 01971551 - Advanced Real Estate Agency Inc, 818-731-5668
crmls logo
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 5/18/2024 4:07 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

Ask a Question?
Send Now
Start a no spam email conversation

fill



©2001-2005 Community Website, 27081 Aliso Creek Road, Suite 200, Aliso Viejo, CA 92656. All rights reserved.

Email:rdesksupport@realestatedigital.com
fill