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    316 E Pico Blvd Los Angeles, CA 90015

    Source: https://www.majorproperties.com
    For Sale
    $4,999,000

    DTLA Fashion District Investor/Developer Site

    Property size:
    21,140 SF

    Description

    Added:
    May 2, 2025
    Days on Market:
    220
    • Rare Fashion District purchase opportunity: Pico Maple Plaza
    • Ideal for an investor or developer
    • Call broker for rent roll and income/expense details
    • An investor could reposition the property and increase the rents to market rates (short term leases in place)
    • Excellent creative conversion or mixed-use development potential
    • Frontage on Pico Boulevard and Maple Avenue
    • 99.75 foot frontage on Pico Boulevard & 47.8 foot frontage on Maple Avenue
    • Located just south of famous Santee Alley
    • Located just 4 blocks north of the Santa Monica (I-10) Freeway

    Property Features for 316 E Pico Blvd

    General Information

    Property type
    Other mixed-use properties
    Square Feet
    21,140 SF
    Price / Square Foot
    $236
    Elevators
    N/A
    Lot Size
    15,234 SF

    Building Details

    Year Built
    1989
    Buildings
    2
    Stories
    1
    Insight Report Location Intelligence

    Current Use by Public Records

    Nina's Cafe Restaurant LOS CALLEJONES ORIGINALES ... Shopping Mall Grandma's Kitchen Kaffe Cafe Pico Maple Plaza Shopping Mall Cohen Restaurant Kosher Restaurant

    Suggested Use

    Realty agency Law Firm Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    State
    California
    Longitude
    -118.2108528
    Latitude
    34.0180286

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    FAQs

    What type of property is this?
    Mixed-use property - DTLA Fashion District Investor/Developer Site
    Where is this mixed-use property located?
    The property is located at 316 E Pico Blvd Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $4,999,000.
    (213) 924-7147
    Request Owner's contact information
    316 E Pico Blvd Los Angeles, CA 90015
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    Los Angeles, CA 90015
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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
    316 E Pico Blvd Los Angeles, CA 90015
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