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    Gate-Secured Flex Building For Sale Title is generated by Realmo AI

    777 E Pico Blvd, Los Angeles, CA

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    Flex building with retail, warehouse, office, and live-work potential.

    Type:INDUSTRIAL
    Property size:
    4,880 SF
    Lot size:
    0.13 Acres
    Price / SF:
    $256/SF
    Added:
    Nov 5, 2025
    Days on Market:
    218
    Last Refresh:
    May 20 at 9:26 pm

    Property Features for 777 E Pico Blvd

    General Information

    Standard status
    Active
    Size
    4,880 SF
    Lot size
    0.13 Acres
    Property subtype
    INDUSTRIAL

    We can help!

    Listing Contact
    Matthew C. Sullivan
    Matthew C. Sullivan

    Listing agent Matthew C. Sullivan License #01327276

    Listing office Lee & Associates | Investment Services Group

    Listing date Nov 5, 2025

    Source Moodyscre

    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 Services Group

    HighLights

    • Gate‑Secured Building
    • Live‑Work Use Permissible By Right
    • 1st Floor Retail/Warehouse + 2nd Floor Office
    • Full Building HVAC
    • Ground Level Loading Via Alley
    • Large Front Glass Doors & Windows

    Overview

    This is a gate-secured flex building featuring a first-floor retail and warehouse space, complemented by a second-floor office area. The property includes large front glass doors and windows, enhancing visibility and natural light. Ground-level loading is facilitated via an alley. The entire building is equipped with HVAC. Live-work use is permissible by right. The property has a total size of 4880 square feet.

    Local Financial Insights For Mixed Use

    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 $175.7k $36.00
    − Vacancy −$17.6k −$3.60
    EGI $158.1k $32.40
    − OpEx −$59.3k −$12.15
    NOI $98.8k $20.25
    4,880 SF · lease $36.00/SF/yr · vacancy 10.00% · expense 37.50%

    Alternative Uses

    Best Use
    Mixed Use
    $1.41M
    $1.24M – $1.65M (±1% cap)
    NOI $98,820 @ 7.0% cap · market cap 7.91%
    Second Best
    Industrial
    $866.0K
    $757.8K – $1.01M (±1% cap)
    NOI $60,622 @ 7.0% cap · market cap 4.85%
    Theoretical Best
    Multifamily LT 5
    $98.87M
    $86.51M – $115.34M (±1% cap)
    NOI $6,920,611 @ 7.0% cap · market cap 553.65%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Puppy Shop (Bike/Boat/Book/etc) Store Weed Delivery And Green ... (Bike/Boat/Book/etc) Store

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Daycare Center Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Basil Pizza Bar Catering — 3212 E Olympic Blvd, Los Angeles, CA 90023
    • Taquizas maricela — 3506 E 7th St, Los Angeles, CA 90023
    • Flying Food Group — 3305 Bandini Blvd, Vernon, CA 90058
    • Taquiza Mia — 3508 E 7th St, Los Angeles, CA 90023
    • Coffee Cart Boys — 228 W Pomona Ave, Monrovia, CA 91016

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.251
    Latitude
    34.0318

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    FAQs

    What type of property is this?
    Flex space - Flex building with retail, warehouse, office, and live-work potential.
    Where is this flex space located?
    The property is located at 777 E Pico Blvd Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: Gate‑Secured Building; Live‑Work Use Permissible By Right; **1st Floor Retail/Warehouse + 2nd Floor Office**
    (213) 623-0800 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Matthew C. Sullivan
    Matthew C. Sullivan
    Real Estate License ID: 01327276
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