3030 W Pico Boulevard, Los Angeles, CA 90006
-
Listed Price :
$1,500,000
-
Beds :
N/A
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Baths :
-
Property Size :
N/A sqft
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Year Built :
1913
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.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
Listing Information
| Address |
3030 W Pico Boulevard |
| City |
Los Angeles |
| State |
CA |
| Zip |
90006 |
| County |
Los Angeles |
| Listing Agent |
Ki Seon Im DRE #01860439 |
| Courtesy Of |
Ivy Realty Co. |
| List Price |
$1,500,000 |
| Status |
Active |
| Type |
Commercial |
| Structure Size |
N/A |
| Lot Size |
4,194 |
| Year Built |
1913 |
Listing information courtesy of: Ki Seon Im, Ivy Realty Co.. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 17th, 2024 at 10:04 PM 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.
