Los Angeles, CA 90019,5369 W Pico BLVD
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Los Angeles, CA 90019,5369 W Pico BLVD
Los Angeles, CA 90019,5369 W Pico BLVD
Los Angeles, CA 90019,5369 W Pico BLVD
Los Angeles, CA 90019,5369 W Pico BLVD

$2,175,000

Est. payment /mo

$2,299,000

5.4%
Est.Price: ?

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5369 W Pico BLVD Los Angeles, CA 90019

4,003 Sqft Lot

SOLD DATE : 09/20/2023

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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CRMLS – RECore
Listed by Will Tiao The Collective Realty
Bought with Subscriber Non Non-Participant Office
agent

Kyle Andrade

Realtor | Listing Specialist | 02136739 | License ID: 02136739

+1(951) 240-8338

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