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    5030 Pico Blvd Los Angeles, CA 90019

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    For Lease
    Contact for pricing

    West LA Creative Office Opportunity

    Lot size:
    9,978 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Los Angeles property, located at 5030 W. Pico Boulevard, offers 9,978 square feet of versatile creative office space. Currently fully vacant, this multi-level building presents a unique opportunity for a single tenant or multiple tenants seeking a prime location in Los Angeles County. The building's layout is comprised of three levels, with approximate square footages as follows: Level 1 at approximately 5,776 square feet, Level 2 at approximately 2,598 square feet, and Level 3 at approximately 1,604 square feet. The property is zoned for both retail and office use, making it suitable for a wide range of businesses. Its "Creative Office, gallery" subtype suggests an ideal setting for businesses requiring open, adaptable spaces. The property's address is 5030 W Pico Blvd, Los Angeles, CA 90019, situated in a vibrant area of Los Angeles. The entire 9,978 square feet is available for lease, providing ample space for expansion and customization. This is a rare opportunity to secure a substantial, fully vacant building in a highly desirable West Los Angeles location. The property's location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in the area. Interested parties should inquire for further details and leasing options.

    Property Features for 5030 Pico Blvd

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,978 SF

    Unit(s) available at that property

    Space
    Suite 5030 Level 1
    Size
    5,776 SF
    Space
    Suite 5030 Level 2
    Size
    2,598 SF
    Space
    Suite 5030 Level 3
    Size
    1,604 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    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
    -118.347287
    Latitude
    34.047523

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    FAQs

    What type of property is this?
    Office space - West LA Creative Office Opportunity
    Where is this office space located?
    The property is located at 5030 Pico Blvd Los Angeles, CA.
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    5030 Pico Blvd Los Angeles, CA 90019
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    Los Angeles, CA 90019
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    5030 Pico Blvd Los Angeles, CA 90019
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