3201 Pico Boulevard

Los Angeles, CA 90023

$655,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $350 / sqft

1922

calendar_month Built

Property Description

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.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 3201 Pico Boulevard
City Los Angeles
State CA
Zip 90023
County Los Angeles
Listing Agent Jinghang Martin DRE#01971551
Courtesy Of Advanced Real Estate Agency Inc
MLS OC24060765
List Price $655,000
Status Active
Type Commercial
Subtype Mixed Use
Structure Size N/A
Lot Size N/A
Year Built 1922
DOM 1

Exterior Information

Maps

Listing information courtesy of: Jinghang Martin, Advanced Real Estate Agency Inc . *Based on information from the Association of REALTORS/Multiple Listing as of Mar 27th, 2024 at 11:35 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.