Advertise
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Mixed-Use Retail/Office Building Opportunity Title is generated by Realmo AI

    11714-11720 W Pico Blvd, Los Angeles, CA

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Mixed-use retail/office building for sale in Los Angeles.

    Type:RETAIL
    Property size:
    9,200 SF
    Lot size:
    0.13 Acres
    Price / SF:
    $325/SF
    Added:
    Mar 24, 2025
    Days on Market:
    448
    Last Refresh:
    May 19 at 10:40 pm

    Property Features for 11714-11720 W Pico Blvd

    General Information

    Standard status
    Active
    Size
    9,200 SF
    Lot size
    0.13 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    John Anthony
    John Anthony

    Listing agent Chris Steck License #01226464

    Listing office Kidder Mathews

    Listing date Mar 24, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Kidder Mathews

    HighLights

    • Mixed‑use retail/office building
    • Great owner/user opportunity
    • Multi‑tenant investment opportunity
    • Additional property details available

    Overview

    This mixed-use retail and office building presents an opportunity for an owner/user or multi-tenant investment. The property has a size of 9200 square feet.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $357.7k $38.88
    − Vacancy −$66.5k −$7.23
    EGI $291.2k $31.65
    − OpEx −$72.8k −$7.91
    NOI $218.4k $23.74
    9,200 SF · lease $38.88/SF/yr · vacancy 18.60% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $3.12M
    $2.73M – $3.64M (±1% cap)
    NOI $218,373 @ 7.0% cap · market cap 7.28%
    Second Best
    Retail
    $3.05M
    $2.67M – $3.56M (±1% cap)
    NOI $213,506 @ 7.0% cap · market cap 7.12%
    Theoretical Best
    Multifamily LT 5
    $186.39M
    $163.09M – $217.45M (±1% cap)
    NOI $13,047,053 @ 7.0% cap · market cap 435.05%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

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

    Similar Places Nearby

    • Coinstar Kiosk | Bitcoin ATM — Kroger - Ralphs Grocery Co, 11361 National Blvd, Los Angeles, CA 90064
    • Coinstar Kiosk | Bitcoin ATM — 11727 W Olympic Blvd, Los Angeles, CA 90064
    • Sawtelle Centre — Los Angeles, CA 90064
    • The Block — 11301 W Olympic Blvd # 116, Los Angeles, CA 90064
    • Coin Cloud Bitcoin ATM — 11909 W Pico Blvd, Los Angeles, CA 90064

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.446
    Latitude
    34.0313

    Nearby Similar for Sale

    • $2,600,000
      10,944 SF

      Los Angeles Commercial Investment Opportunity

      Prime investment property in the heart of the Fashion District.
      1212 S San Pedro Street, Los Angeles, CA 90015
      View Details
    • $1,199,999
      2,526 SF

      Los Angeles Retail Opportunity

      Single-tenant retail asset with high visibility and growth potential.
      4254 Floral, Los Angeles, CA 90063
      View Details
    • $3,990,000
      8,688 SF

      Prime Automotive Land in Los Angeles

      Six parcels with buildings in established automotive corridor.
      125 E Florence Ave, Los Angeles, CA 90003
      View Details
    • $950,000
      3,040 SF

      Los Angeles Industrial Owner-User Opportunity

      Rare industrial building in central Los Angeles, ideal for owner-users.
      1915 S Santa Fe, Los Angeles, CA 90021
      View Details
    • $1,175,000
      1,617 SF

      Eagle Rock Commercial/Residential Opportunity

      Commercially zoned property in Eagle Rock, ideal for live/work.
      1063 Colorado, Los Angeles, CA 90041
      View Details
    • $2,099,000
      10,233 SF

      Multifamily Property in Boyle Heights

      12-unit multifamily property in prime Boyle Heights, Los Angeles.
      117 N St Louis, Los Angeles, CA 90033
      View Details
    • $1,999,000
      12,306 SF

      Los Angeles Multifamily Investment Opportunity

      Classic 11-unit Spanish Colonial near Downtown Los Angeles.
      2375 W 12th St, Los Angeles, CA 90006
      View Details
    • $2,295,000
      10,492 SF

      Highland Park Multifamily Value-Add Opportunity

      14-unit apartment building in a sought-after Los Angeles location.
      820 Chestnut Ave, Los Angeles, CA 90042
      View Details
    • $895,000
      3,372 SF

      Four-Unit Residential Income Property

      Four-unit building with ample rear parking, including three 1-bedroom units and a 3-bedroom delivered vacant at close.
      1467 W Vernon, Los Angeles, CA 90062
      View Details
    • $2,595,000
      6,578 SF

      6-Unit Apartment Campus with ADU Plans

      Newer 2017-built six-unit campus of three duplexes plus planned tiny home ADUs, with separately metered utilities.
      3672 Percy, Los Angeles, CA 90023
      View Details
    • $1,556,000
      3,999 SF

      Adjacent 11-Unit Residential Income Properties

      Two adjacent multifamily buildings with 11 units on an LAR4-zoned lot, offering income and development flexibility.
      964 S New Hampshire Ave, Los Angeles, CA 90006
      View Details
    • $2,334,000
      3,786 SF

      Apartment Income Property with Covered Parking

      Two adjacent apartment buildings with 11 total units, covered parking, and LAR4 zoning sold concurrently.
      968 S New Hampshire Ave, Los Angeles, CA 90006
      View Details

    FAQs

    What type of property is this?
    Shopping center - Mixed-use retail/office building for sale in Los Angeles.
    Where is this shopping center located?
    The property is located at 11714-11720 W Pico Blvd Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $2,999,000.
    What are key features of this property?
    This property features: Mixed‑use retail/office building; Great owner/user opportunity; Multi‑tenant investment opportunity
    (213) 421-1400 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing John Anthony
    John Anthony
    Real Estate License ID: 01226464
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    11714-11720 W Pico Blvd, Los Angeles, CA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!