1350 Pico Blvd Los Angeles, CA 90023
This exceptional Los Angeles industrial land portfolio, encompassing 0.66 acres (28,828 square feet), presents a unique investment opportunity. Located at the intersection of Velasco and East Pico Boulevard, this property boasts a combined 11,200 square feet of building space across two parcels. The zoning designation is M2-1-CUGU, offering flexibility for various industrial uses. The property's convenient location in Los Angeles, CA, zip code 90023, provides easy access to major transportation arteries, enhancing logistical efficiency. The single-tenant occupancy simplifies management and provides a stable income stream. The property's APN numbers are 5190036023, 5190035029, and 51900. This is an ideal site for businesses seeking a strategic location within a thriving industrial area of Los Angeles County. The substantial lot size and existing building space offer significant potential for expansion or redevelopment. Serious inquiries are encouraged to explore this compelling opportunity further.
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
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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.