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5990 1/2 W Pico Blvd
Los Angeles, CA 90035 Mid-City

$5,100,000 USD

Storefront For Sale  •  8,235 SF

Property Details

  • Property Type Storefront
  • Total Building Size 8,235 SF
  • Lot Size 0.26 AC
  • Building Class C
  • Year Built 1948
  • Cap Rate 3.69 %
  • Tenancy Multiple
  • Zoning LA C4-1-O
55 Transit Score
88 Walk Score

Highlights

Price Reduced! Prime West Pico Value Add Investment Opportunity
9 Retail Stores: 8 Units Occupied and 1 Unit Vacant
Pro Forma $188,070 NOI — 3.69% Cap Rate
Heavy Traffic Corner With Fantastic Exposure

Property Flyers

Cap Rate: 3.69 %

Major Tenants

Tenant SF Occupied Lease End Date
Green Table Cafe
India Spices And Grocery
Levantine Cultural Center
Steems Hair, Nail & Accessories

Amenities

  • Bus Line
  • Signage

Public Transportation

AirportDriveWalkDistance
Los Angeles International 18 min - 9.1 mi
Bob Hope 26 min - 13.6 mi
Long Beach (Daugherty Field) 36 min - 25.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 9
Type: Surface
Included in Rent: Yes
Jeff Luster 213-747-4151 Major Properties
Jeff Luster 213-747-4151 Major Properties