2599 Pico Blvd Los Angeles, CA 90006-4011
- Retail space
- 3,867 SF
- 0.16 lot acres
Current Use by Public Records
- Extension Arts / Hair Extension Technician
Property Details for 2599 Pico Blvd
- Year built
- 1966
- Construction
- WOOD
- Lot size
- 0.16 lot acres
- Property size
- 3,867 SF
- Zone code
- LAC2
- Property type
- Retail space
- APN
- 5078-030-016
- APU
- 5078030016
Description
This exceptional retail property at 2599 W Pico Blvd in Los Angeles, CA 90006, offers two newly remodeled spaces totaling 3,012 square feet. One end-cap unit measures approximately 1,488 square feet, while the inline space offers approximately 1,525 square feet. Ideally situated on a high-visibility corner lot at a signalized intersection, the property boasts excellent street frontage and ample on-site parking. Pylon signage is available, enhancing visibility and brand recognition. The property is strategically located in a vibrant area of central Los Angeles, surrounded by a diverse mix of cultural attractions, restaurants, and essential services. Its proximity to the Shrine Auditorium, LA Memorial Coliseum, and USC ensures high foot traffic and a strong consumer base. Convenient access to public transportation further enhances its appeal. This location is perfect for retail businesses, coffee shops, or office users seeking a high-traffic, high-visibility location in a densely populated area of Los Angeles. The property is part of a newly remodeled retail center, ensuring a modern and attractive environment for tenants and customers. This is a rare opportunity to secure a prime retail space in one of Los Angeles' most dynamic neighborhoods.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,450,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,700,000
- 6.5%
- $1,610,000
- 7%
- $1,615,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,525,000
- Geo Method
- $1,410,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,630,000
- Retail
- $1,650,000
- Mixed-Use
- $1,875,000
- Hospitality
- $1,470,000
- Educational
- $1,780,000
- Residential Income
- $1,705,000
- Energy
- $1,760,000
- Income-Based Land
- $1,695,000
- Food Service
- $1,635,000
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.295
- Latitude
- 34.0476
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
