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3006-3012 W Pico Blvd
Los Angeles, CA 90006 Harvard Heights

$1,349,000 USD

Storefront Retail Residential For Sale  •  4,800 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 4,800 SF
  • Lot Size 0.14 AC
  • Building Class C
  • Year Built 1904
  • Cap Rate 4.22 %
  • Tenancy Multiple
  • Zoning C2-1VL
65 Transit Score
94 Walk Score

Highlights

Retail - Residential - Mixed Use - An Excellent Owner-User SBA Loan Opportunity!
Two Retail spaces approximately 1,200 sq. ft. each. Both Retail Tenants are Month to Month.
2nd Floor Apartments include 2 - Two Bedroom One Bath Units (Appx 900sf) and 2 Non-Conforming Studios (Appx. 300sf).
Please Note that the two original second floor apartments were likely 2 - Three Bedroom Two Bath Units -(Appx 1200sf).
Parking lot with nine spaces at the rear of the building which can be accessed from Oxford Avenue via an easement

Property Flyers

Financial Summary (Actual)

Net Operating Income: $56,664 USD (2024)
Cap Rate: 4.22 %
Total Expenses: $37,241 USD

Major Tenants

Tenant SF Occupied Lease End Date
P G Inc
Rigoberto's Tv

Amenities

  • Signage

Public Transportation

Commuter RailDriveWalkDistance
12 min - 4.9 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 14 min - 6.1 mi
AirportDriveWalkDistance
Los Angeles International 22 min - 12.0 mi
Bob Hope 26 min - 13.1 mi
Long Beach (Daugherty Field) 33 min - 23.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 9
Type: Surface
Included in Rent: Yes
Mark Konopaske 213-220-9800 Lee & Associates - ISG
Mark Konopaske 213-220-9800 Lee & Associates - ISG