11747 Pico Blvd Los Angeles, CA 90064-1308

This exceptional investment opportunity presents a prime 1,800-square-foot retail storefront located at 11747 W Pico Blvd, Los Angeles, CA 90064. The property, built in 1948 by the current owners and offered for the first time in decades, comprises two 900-square-foot units currently leased to a hair salon and a fitness center, generating a combined monthly rent of $6,641.84. Each unit has undergone recent remodeling. The property boasts a highly desirable Westside location between Bundy Drive and Barrington Avenue, providing easy access to the 405 and 10 freeways, and proximity to Beverly Hills, Santa Monica, beaches, and Century City. The area is characterized by a mix of businesses and high-end residential communities, ensuring high demand for commercial space. The building features three parking spaces in the rear with convenient alley access, a significant advantage in this location. The property is situated next to the renowned La Talpa restaurant, further enhancing its visibility and appeal. The asking price is $1,799,000, translating to $999.44 per square foot. The property is zoned LAC2 and offers a triple net (NNN) lease structure with rent bumps included. This is a rare opportunity to acquire a well-located, income-producing retail property in a thriving Los Angeles market. Thirty minutes from LAX.