1563 Pico Blvd Los Angeles, CA 90015
This exceptional 850-square-foot retail space is ideally situated on West Pico Boulevard in Los Angeles, California, within Los Angeles County. The property is categorized as a single-tenant strip center, perfect for a variety of retail or restaurant uses. The entire 850 square feet is currently vacant, presenting a unique opportunity for a new business to establish a strong presence in a high-traffic area. Ample parking is available for customers and employees, ensuring convenient access. The property's address is 1563 W Pico Boulevard, Los Angeles, CA 90015. Its prime location on Pico Boulevard offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a high-profile location. The property type is classified as retail and restaurant, reflecting its suitability for a diverse range of commercial ventures. This single-tenant occupancy provides a unique opportunity for a business to customize the space to its specific needs without the complexities of multi-tenant management. The property is located in a vibrant and bustling area of Los Angeles, offering significant potential for growth and success. This is a rare opportunity to secure a well-located, sizable retail space in a desirable Los Angeles neighborhood. The zip code is 90015.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.