2546 West Pico Boulevard Los Angeles, CA 90006

Listing agency CBRE - Downtown Los Angeles d***@cbre.com Show Phone

Listed by Derrick Moore · License #1029938 Show Phone

Source Cbre

Added: Mar 25 Updated: Jul 6 at 12:13PM Checked: Jul 22 at 5:06AM

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Investment Insights

Based on property information with market context.

Located on a hard corner in Koreatown, this multi-tenant property at 2546 – 2552 W. Pico presents an investment opportunity. The property includes two parcels totaling 16,258 square feet of land with 13,050 square feet of gross leasable area. The tenants are currently on short-term leases with rents below market value. The location benefits from new housing developments, retail growth, and an expanding consumer base, contributing to increased density and disposable income in the area. The property features clear-span interiors without structural columns, making it suitable for showrooms, cafes, and various retail layouts. The surrounding area includes national and local tenants such as McDonald’s, Subway, and Bank of America, as well as local restaurants. The submarket is expected to continue attracting a strong retail tenant base due to ongoing residential development and consumer spending.

Key Highlights

• Prime hard corner location in Koreatown
• Significant rental upside due to below‑market rents and short‑term leases
• High‑density area with new residential developments

Property Analytics

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FAQs

What type of property is this?

Retail space - Multi-tenant retail property with significant upside potential in Koreatown.

Where is this retail space located?

The property is located at 2546 West Pico Boulevard Los Angeles, CA.

What are key features of this property?

This property features: Prime hard corner location in Koreatown; Significant rental upside due to below‑market rents and short‑term leases; High‑density area with new residential developments