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Renewed Lease in Pico-Union Submarket
For Sale
$11,380,691

1403-1411 W Pico Blvd & 1410-1418 W 12th Pl Los, Los Angeles, CA 90015

Recently renewed 15-year NNN corporate lease to Caliber Collision.

Days on Market147

Property Features for 1403-1411 W Pico Blvd & 1410-1418 W 12th Pl Los

General Information

Standard status Active
Property subtype Retail
Listing Agency: CP Partners
Listed By: Justin Stark · License #CalDRE #01856228
Source: Cppcre
Added: Mar 6 Changed: Jul 10 Last Checked: Jul 31 at 5:34AM

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 CP Partners

Investment Insights

Based on property information with market context.

This property features a recently renewed 15-year absolute NNN corporate lease with Caliber Collision, the nation’s largest collision repair provider. This is a fully stabilized industrial asset located in the dense infill Pico-Union submarket of Los Angeles. The location is a top performer, ranked among Caliber's highest-performing sites in the U.S. The renewed lease demonstrates a long-term commitment to the location, which has proven resilient across multiple economic cycles. The property benefits from irreplaceable zoning in one of the densest trade areas in the U.S. It has immediate access to critical freeway infrastructure linking the Port of Los Angeles/Long Beach, Downtown LA, and the regional consumer base. The location benefits from combined daily traffic counts of approximately 590,000 vehicles per day. Los Angeles is the nation’s largest industrial market and a gateway for Pacific trade; infill assets near the dense consumer base are highly constrained and difficult to replicate.

Key Highlights

  • Brand‑new, 15‑year corporate lease to Caliber Collision, the nation’s leading collision repair provider.
  • Top 12 Caliber location in the U.S. (Placer.ai) – ranked among the company’s highest‑performing sites.
  • Opportunity to acquire a mission‑critical infill industrial asset with irreplaceable zoning.

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Carpet & Flooring Store Pet Grooming Service Veterinary Clinic Buffet Tanning Salon (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,062
Businesses Nearby
Well-served
Demand for This Use

Demographics for 90015, CA

27,324
Population
14,635
Households
1.9
Avg Household Size
34
Median Age
48%
College-Educated
79%
High-School Grad
1.7 sq mi
ZIP Area
16,073
Density / Sq Mi
$63,211
Median Household Income
$47,819
Median Earnings
$2,385
Median Rent
$1,000,800
Median Home Value

Market

Vacancy Rate% for Retail in Los Angeles, CA

5.7% 2019
6.1% 2020
6% 2021
5.7% 2022
5.6% 2023
6% 2024
6.2% 2025
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Frequently Asked Questions

What type of property is this?
Auto shop - Recently renewed 15-year NNN corporate lease to Caliber Collision.
Where is this auto shop located?
The property is located at 1403-1411 W Pico Blvd & 1410-1418 W 12th Pl Los Los Angeles, CA.
What is the asking price?
The asking price for this property is $11,380,691.
What are key features of this property?
This property features: Brand‑new, 15‑year corporate lease to Caliber Collision, the nation’s leading collision repair provider.; Top 12 Caliber location in the U.S. (Placer.ai) – ranked among the company’s highest‑performing sites.; Opportunity to acquire a mission‑critical infill industrial asset with irreplaceable zoning.
More about this property
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