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    4930-4948 Pico Blvd Los Angeles, CA 90019

    Sponsored
    For Lease
    Contact for pricing

    Prime Medical Office Suites Available

    Lot size:
    5,730 SF

    Description

    Added:
    Feb 13, 2025
    Days on Market:
    328
    This exceptional 5,730 square foot medical office building, located at 4930-4948 W. Pico Blvd, offers multiple suites for lease, ranging from 898 to 2,304 contiguous square feet. The entire building is currently vacant, presenting a unique opportunity for a single tenant or multiple medical practices. Situated at a high-visibility intersection of Pico Blvd and La Brea Ave, the property boasts 200 feet of frontage on Pico Blvd, allowing for prominent signage. Enjoy ample surface parking for tenants and clients. The location provides easy access to major freeways (10, 101, 405, and 110), and is centrally located near Beverly Hills, Koreatown, Downtown LA, Culver City, Hollywood, and LAX. The surrounding area features a mix of national and regional retailers, medical facilities, and residential communities, with a strong demographic profile: a one-mile radius boasts a population of 45,000 and an average household income of $98,000; expanding to a two-mile radius increases the population to 177,000. A grease interceptor will be available on-site. This is an ideal location for medical professionals seeking high visibility and convenient access to a dense population base.

    Property Features for 4930-4948 Pico Blvd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,730 SF

    Unit(s) available at that property

    Space
    Space 3A
    Size
    1,204 SF
    Space
    Space 3B
    Size
    898 SF
    Space
    Space 5
    Size
    1,324 SF
    Space
    Space 6
    Size
    2,304 SF

    HighLights

    • 5,730 SF medical office building for lease in Los Angeles County.
    • Multiple suites available, ranging from 898 SF to 2,304 SF contiguous.
    • Excellent location with high visibility at Pico Blvd and La Brea Ave, offering prominent signage opportunities.
    • Easy freeway access (10, 101, 405, and 110 Freeways), close to Beverly Hills, Koreatown, Downtown LA, Culver City, Hollywood, and LAX.
    • Ample surface parking and a grease interceptor available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.3440261
    Latitude
    34.0476679

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    FAQs

    What type of property is this?
    Medical office - Prime Medical Office Suites Available
    Where is this medical office located?
    The property is located at 4930-4948 Pico Blvd Los Angeles, CA.
    What are key features of this property?
    This property features: 5,730 SF medical office building for lease in Los Angeles County.; Multiple suites available, ranging from 898 SF to 2,304 SF contiguous.; Excellent location with high visibility at Pico Blvd and La Brea Ave, offering prominent signage opportunities.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4930-4948 Pico Blvd Los Angeles, CA 90019
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