$2,175,000
$2,299,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
5369 W Pico BLVD Los Angeles, CA 90019
4,003 Sqft Lot
Key Details
Sold Price $2,175,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 23273017
Sold Date 09/20/23
HOA Y/N No
Year Built 1960
Lot Size 4,003 Sqft
Property Description
5369 W Pico presents the opportunity to acquire a centrally located flex/production/showroom/office building in the heart of Mid-Town. The property is prime for an owner to customize and take advantage of SBA financing.Here are some highlights: Short distance to several restaurants/businesses along W Pico Blvd and stone's throw to The Grove and Melrose. Centrally located in Mid-Town with easy access to 10 Fwy, West Hollywood, Beverly Hills, Culver City, and DTLA. Delivered vacant, the first floor is currently used for photo shoots, video production, and podcasts and has several offices, bathrooms, make-up room, and sound booth. Second Floor currently leased to private gym operator. The first floor flex space has two-story high ceilings and building has four parking spaces total *Estimated income gives a GRM of 17.2 and a cap rate of 5.2%
Location
State CA
County Los Angeles
Area C19 - Beverly Center-Miracle Mile
Zoning LAC4
Interior
Fireplace No
Exterior
Community Features Gated
Total Parking Spaces 4
Others
Tax ID 5085033002
Security Features Gated Community
Special Listing Condition Standard
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Bought with Subscriber Non Non-Participant Office