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    1153 Pico Blvd Los Angeles, CA 90021

    Sponsored
    For Sale
    $3,990,000

    9,400 SF Warehouse/Manufacturing Space

    Property size:
    9,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 9,400 square foot industrial property, located at 1153-1155 E. Pico Blvd in Los Angeles, CA 90021, presents a compelling investment opportunity. Built in 1966, this single-story warehouse boasts a spacious 9,400 square feet of net rentable area situated on an 11,810 square foot lot. The property features five loading docks, crucial for efficient operations, and a generous ceiling height of 16 feet, providing ample vertical space for storage or manufacturing processes. Parking is readily available, with 1.5 spaces provided per 1,000 square feet of building area, totaling 14 reserved parking spaces. The property is fully fenced and secured, ensuring the safety and security of your operations and inventory. Its prime location near the Fashion Wholesale Market offers excellent accessibility and proximity to key transportation routes. The asking price is $3,990,000, translating to a price per square foot of $424.47. This property is ideal for businesses seeking a well-maintained, strategically located warehouse or manufacturing facility in the heart of Los Angeles. The property is zoned for warehouse and manufacturing uses.

    Property Features for 1153 Pico Blvd

    General Information

    Property type
    Manufacturing properties
    Square Feet
    9,400 SF

    Building Details

    Year Built
    1966
    Stories
    1

    HighLights

    • Excellent warehouse/manufacturing space.
    • 14 designated parking spaces.
    • Securely fenced property.
    • Conveniently located near the Fashion Wholesale Market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Realty agency Law Firm Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Gym & Fitness Daycare Center Building Supply

    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
    -118.246464
    Latitude
    34.0298609

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    FAQs

    What type of property is this?
    Manufacturing property - 9,400 SF Warehouse/Manufacturing Space
    Where is this manufacturing property located?
    The property is located at 1153 Pico Blvd Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $3,990,000.
    What are key features of this property?
    This property features: Excellent warehouse/manufacturing space.; 14 designated parking spaces.; Securely fenced property.
    Request Owner's contact information
    1153 Pico Blvd Los Angeles, CA 90021
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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
    1153 Pico Blvd Los Angeles, CA 90021
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