CA > Los Angeles
Los Angeles, CA 90006,3030 W Pico BLVD
Los Angeles, CA 90006,3030 W Pico BLVD
Los Angeles, CA 90006,3030 W Pico BLVD
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,500,000
Est. payment /mo
4,194 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 24472817

HOA Y/N No

Year Built 1913

Lot Size 4,194 Sqft

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 C16 - Mid Los Angeles

Zoning LAC2

Interior

Fireplace No

Others

Tax ID 5074001011

Special Listing Condition Standard

Read Less Info
California Regional MLS (CRMLS)
Listed by Ki Seon Im • Ivy Realty Co.

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