Retail Building on Pico
For Sale
Contact for pricing
6035 W Pico Blvd, Los Angeles, CA
Freestanding retail building with potential for multiple units.
Property Size7,314 SF
Lot Size0.23 Acres
Price / SF$478.53
Days on Market352
Property Features for 6035 W Pico Blvd
General Information
Standard status
Active
Size
7,314 SF
Lot size
0.23 Acres
Property subtype
RETAIL
Listing Agency:
Lee & Associates
(626) 786-7430
Listed By:
Evan Jurgensen · License #01967347
(626) 786-7430
Source:
Moodyscre
Added: Aug 13, 2025
Changed: Jul 6
Last Checked: Jul 22 at 4:24AM
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 Lee & Associates
Investment Insights
Based on property information with market context.
This is a freestanding retail building with 7,314 square feet of space. The buyer has the potential to divide the building into multiple units. The property is located on West Pico Boulevard in Los Angeles, California.
Key Highlights
- Free standing retail building
- Buyer can potentially demise into multiple units
Financial Insights For Retail
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 | $270.3k | $36.96 |
| − Vacancy | −$27.8k | −$3.81 |
| EGI | $242.5k | $33.15 |
| − OpEx | −$72.7k | −$9.95 |
| NOI | $169.7k | $23.21 |
7,314 SF · lease $36.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.42M
$2.12M – $2.83M
NOI $169,737 @ 7.0% cap · market cap 4.85%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$148.18M
$129.66M – $172.87M
NOI $10,372,407 @ 7.0% cap · market cap 296.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
12,508
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Retail in Los Angeles, CA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Freestanding retail building with potential for multiple units.
Where is this retail space located?
The property is located at 6035 W Pico Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Free standing retail building; Buyer can potentially demise into multiple units
