CA > Los Angeles
Los Angeles, CA 90006,3030 W Pico Boulevard
Los Angeles, CA 90006,3030 W Pico Boulevard
Los Angeles, CA 90006,3030 W Pico Boulevard
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Parisa Samimi

Parisa Samimi

+1(510) 410-4050
$1,500,000
Est. payment /mo
7,360 SqFt
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UPDATED:

12/18/2024 02:22 AM

Key Details

Property Type Commercial

Sub Type Comm Ind For Sale

Listing Status Active

Purchase Type For Sale

Square Footage 7,360 sqft

Price per Sqft $203

MLS Listing ID CL24472817

HOA Y/N No

Year Built 1913

Lot Size 4,194 Sqft

Acres 0.1

Property Sub-Type Comm Ind For Sale

Property Description

Exceptional Investment Opportunity: Premier Mixed-Use Property in Downtown Los Angeles. Presenting a rare opportunity to acquire a high-value mixed-use commercial property strategically positioned at the prominent intersection of Pico Blvd. and Oxford Ave. This corner property combines stable income, strong tenant demand, and future growth potential, boasting an impressive 6.18% CAP rate and a monthly rental income of $10,396. This two-story property spans 7,360 sq. ft. on a 4,194 sq. ft. lot (zoned LAC2). It features a reliable retail tenant (a hardware store) and six fully leased residential studios on month-to-month agreements. With nearly 100% occupancy and tenants maintaining excellent credit profiles, this asset offers investors a blend of consistent income and substantial long-term upside.This property represents a rare chance to own a prime mixed-use building in the heart of downtown Los Angeles, providing a compelling combination of immediate returns and future value appreciation in one of the city's most sought-after markets.

Location

State CA

County Los Angeles

Area Listing

Zoning LAC2

Interior

Fireplace No

Building

New Construction No

Others

Tax ID 5074001011

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Bridge MLS
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Ki Seon Im • Ivy Realty Co.

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agent

Parisa Samimi

+1(510) 410-4050

Founder & Real Estate Broker | License ID: 01858122

Founder & Real Estate Broker License ID: 01858122

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3030 W Pico Boulevard