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    Turnkey Retail/Office Suite Title is generated by Realmo AI

    4013 W Pico, Los Angeles, CA 90019

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    For Lease
    $3,150/Mo $26 SF/Yr (calc)

    Commercial Lease - Los Angeles, CA

    Property size:
    1,450 SF
    Added:
    Jun 4, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 4 at 11:06 pm

    Property Features for 4013 W Pico

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    5081008014
    Size
    1,450 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1932
    Architectural style
    Other

    We can help!

    Listing Contact
    Paola Melendez

    Listing agent Paola Melendez License #01779654

    Listing office Century 21 Allstars 9155 Telegraph Rd, Pico Rivera, CA

    Listing date Jun 4, 2026

    MLS# DW26117073 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Approximately 900 SF ground‑floor space plus an additional ~400 SF mezzanine for flexible office, retail, showroom, or professional use
    • Recently remodeled and move‑in ready commercial space with central air
    • Landlord pays water and trash to help reduce tenant operating expenses
    • Ample rear parking structure available for customers, employees, and tenants
    • Built in 1932, with approximately 1,300 SF total interior space (900 SF + 400 SF mezzanine)

    Overview

    This turnkey commercial suite offers a flexible layout for retail, showroom, office, or professional use. The ground floor includes approximately 900 square feet, with an additional mezzanine level of approximately 400 square feet for extra work or display space. The property has been recently remodeled and is move-in ready, supporting straightforward tenant occupancy.

    Located at 4013 W Pico in Los Angeles, CA 90019, the space is positioned in a high-traffic area designed to support visibility and customer access. On-site rear parking is available through a parking structure, adding convenience for customers, employees, and deliveries.

    The configuration and condition make this a practical fit for businesses that want a turnkey interior with room for both a primary floor and secondary mezzanine space. Tenant operating costs may be reduced since the landlord pays water and trash. If you’re looking for a flexible retail or office environment in a visible setting with convenient parking, this suite is worth a closer look.
    Property Profile Location Intelligence

    Current Use by Public Records

    O'La Bargain Discount Store

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    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
    -118.3233
    Latitude
    34.04765

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    FAQs

    What type of property is this?
    Retail space - Remodeled retail or office space with ground-floor room plus mezzanine, ample rear parking, and landlord-paid water and trash.
    Where is this retail space located?
    The property is located at 4013 W Pico Los Angeles, CA.
    What is the lease rate?
    The lease rate is $3,150 /Mo.
    What are key features of this property?
    This property features: Approximately 900 SF ground‑floor space plus an additional ~400 SF mezzanine for flexible office, retail, showroom, or professional use; Recently remodeled and move‑in ready commercial space with central air; Landlord pays water and trash to help reduce tenant operating expenses
    (562) 225-4802
    We can help!
    Listing Contact
    Paola Melendez
    Real Estate License ID: 01779654
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

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

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