3201 E Pico Boulevard, Los Angeles, CA 90023 | MLS OC24060765 | Listing Information | Berkshire Hathaway HomeServices California Properties | Berkshire Hathaway HomeServices California Properties
FOR SALE
$655,000  

3201 E Pico Boulevard
Los Angeles, CA 90023

Mixed Use, Business Opportunities
Commercial
1,870
Sq. Ft.
0.1468
Acres Lot
Listing Agent: Jinghang Martin CalDRE: 01971551 - Advanced Real Estate Agency Inc, 818-731-5668
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.
OC24060765
Mixed Use, Business Opportunities, 1 Story
Los Angeles
1922
0.1468 Acres
Public
1
1,870 Sq. Ft.
Detailed Room Information
Laundry
Outside
Exterior / Lot Features
Parking
0 Covered Parking Spaces.
Additional Exterior/Lot Features
2-5 Units/Acre.
Financial Considerations
5190029032
Listing Agent: Jinghang Martin CalDRE: 01971551 - Advanced Real Estate Agency Inc, 818-731-5668
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