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    424 Pico Blvd Los Angeles, CA 90015

    Sponsored
    For Lease
    Contact for pricing

    Prime Los Angeles Retail Opportunity

    Lot size:
    4,654 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4,654 square foot retail space is available for lease at 424 W Pico Blvd in Los Angeles, California, zip code 90015. Located in Los Angeles County, this single-tenant property presents a unique opportunity for businesses seeking a prominent location. The entire building, totaling 4,654 square feet, is currently vacant and ready for immediate occupancy. The property offers convenient on-site parking for customers and employees, a significant advantage in a bustling urban environment. The building's prime location on Pico Boulevard ensures high visibility and accessibility, making it an ideal space for a variety of retail ventures. This is a fantastic chance to establish a strong presence in a vibrant and densely populated area of Los Angeles. The property is classified as Commercial Retail and is ready for immediate lease. Its single-tenant occupancy allows for complete customization and control over the space. The address is easily accessible and benefits from excellent street visibility. Serious inquiries are encouraged to explore this exceptional retail leasing opportunity. Contact us to schedule a viewing and discuss lease terms. This property is situated at 34.0392675 latitude and -118.265644 longitude.

    Property Features for 424 Pico Blvd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,654 SF

    Unit(s) available at that property

    Space
    Available space
    Size
    4,654 SF

    HighLights

    • 4,654 SF retail space available for lease at 424 W Pico Blvd, Los Angeles, CA 90015.
    • Single‑tenant building, vacant and ready for immediate occupancy.
    • On‑site parking available.
    • High visibility location on Pico Boulevard.
    Property Profile Location Intelligence

    Current Use by Public Records

    Onyx Apartments Apartment Complex Zelena Flora Botanica

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Building Supply Gym & Fitness Auto Repair Shop

    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
    -118.265644
    Latitude
    34.0392675

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    FAQs

    What type of property is this?
    Retail property - Prime Los Angeles Retail Opportunity
    Where is this retail property located?
    The property is located at 424 Pico Blvd Los Angeles, CA.
    What are key features of this property?
    This property features: 4,654 SF retail space available for lease at 424 W Pico Blvd, Los Angeles, CA 90015.; Single-tenant building, vacant and ready for immediate occupancy.; On-site parking available.
    Request Owner's contact information
    424 Pico Blvd Los Angeles, CA 90015
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    Los Angeles, CA 90015
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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
    424 Pico Blvd Los Angeles, CA 90015
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