Property Lookup
2474 W Pico Blvd Los Angeles, CA 90006
- Retail space
- 4,010 SF
- 0.16 lot acres
Current Use by Public Records
- SALON OLYMPUS / Wedding Service
Property Details for 2474 W Pico Blvd
- Year built
- 1994
- Construction
- WOOD
- Lot size
- 0.16 lot acres
- Property size
- 4,010 SF
- Zone code
- LAC2
- Property type
- Retail space
- APN
- 5056-001-055
- APU
- 5056001055
Description
This exceptional 4,100 square foot retail space is ideally situated at 2474 W Pico Blvd in Los Angeles, California, 90006, at the bustling intersection of Pico Boulevard and Vermont Avenue. The property is a single-tenant space, offering complete flexibility for a wide range of retail businesses. The entire 4,100 square feet is currently vacant, presenting a unique opportunity for a business seeking a prominent location with high visibility. Located in Los Angeles County, this property benefits from excellent access to major transportation routes and a dense population base. The address provides strong street presence and ample opportunity for signage. This is a rare chance to secure a substantial retail space in a high-traffic area of Los Angeles. The property's size and location make it suitable for a variety of retail concepts, from restaurants and boutiques to service-based businesses. The building's layout is adaptable and can be customized to meet the specific needs of the tenant. This is a prime opportunity for a business looking to establish a strong presence in a vibrant and growing market. The property is classified as Commercial Retail and is ready for immediate occupancy. Interested parties should act quickly to secure this exceptional retail space.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,550,000
- 6.5%
- $1,430,000
- 7%
- $1,330,000
-
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,645,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $1,700,000 Change: +3% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $1,320,000 Change: -20% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.291
- Latitude
- 34.047
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA