5151 W Pico Blvd Los Angeles, CA 90019

Listing agency Triad Management Systems Inc.

Listed by Nick Virzi · License #CA 00514745

Source Crexi

Added: Apr 11 Updated: Jul 21 at 3:40PM Checked: Jul 21 at 3:40PM

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Investment Insights

Based on property information with market context.

This property is a retail shopping center on a 28,725 site with significant frontage on Pico Blvd. It is currently operated as a retail shopping center and includes stated development opportunity potential tied to the Transit Oriented Communities Affordable House Incentive Program when current leases expire.

The offering is positioned for continuity of retail operations under existing leases, with the noted incentive-program development concept becoming relevant upon lease expiration. Prospective buyers and brokers may review current leasing terms and the timeline for when any transition from retail operations could occur.

Key Highlights

• 28,725 SF site currently operated as a retail shopping center
• Significant frontage on Pico Blvd
• Transit Oriented Communities Affordable Housing Incentive Program development opportunities after current leases expire

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FAQs

What type of property is this?

Shopping center - Shopping center offering significant frontage on Pico Blvd and development opportunities after current leases expire.

Where is this shopping center located?

The property is located at 5151 W Pico Blvd Los Angeles, CA.

What are key features of this property?

This property features: 28,725 SF site currently operated as a retail shopping center; Significant frontage on Pico Blvd; Transit Oriented Communities Affordable Housing Incentive Program development opportunities after current leases expire