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Executive Summary
Cushman & Wakefield is pleased to present a rare opportunity to acquire a retail/bakery building located in the heart of West Los Angeles at 10986-10990 West Pico Boulevard. This 2,940 SF freestanding retail building, originally constructed in 1954, offers exceptional versatility for a wide range of commercial uses. The property is delivered vacant, making it an ideal option for an owner-user seeking immediate occupancy or an investor looking to reposition and capitalize on strong local demand for services and food operators. Situated along highly traveled West Pico Boulevard corridor, between Sepulveda Boulevard and Westwood Boulevard, the building benefits from excellent visibility, consistent traffic counts, and proximity to affluent surrounding neighborhoods including Cheviot Hills, Century City, and Westwood. The site includes five dedicated parking spaces, favorable LAC2 zoning, and sits on a 4,200 SF lot within one of Los Angeles’ most desirable infill residential/commercial corridors. This section of Pico Boulevard is known for its strong demographics, boasting a population of more than 327,381 residents within a 3 mile radius (and more coming) and an average household income exceeding $180,486 creating a robust customer base and long-term value potential. Whether reimagined as a bakery, café, specialty retailer, studio, or other neighborhood-serving business—or held as a high visibility investment—this property offers significant upside in a supply constrained market. The combination of flexible space, prime location makes this a standout acquisition opportunity in West Los Angeles.
Data Room Click Here to Access
- Offering Memorandum
Taxes & Operating Expenses (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
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| Taxes |
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| Operating Expenses |
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| Total Expenses |
$99,999
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$9.99
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Taxes & Operating Expenses (Actual - 2026) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
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| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
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| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Sale Condition
Building in Shell Condition
Property Type
Retail
Property Subtype
Storefront
Building Size
2,940 SF
Building Class
C
Year Built
1954
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.67
Lot Size
0.10 AC
Zoning
LAC2
Parking
5 Spaces (1.7 Spaces per 1,000 SF Leased)
Frontage
40’ on W Pico Blvd
Walk Score®
Very Walkable (82)
Bike Score®
Very Bikeable (86)
Nearby Major Retailers
Property Taxes
| Parcel Number | 4256-007-002 | Improvements Assessment | $515,098 (2025) |
| Land Assessment | $1,339,268 (2025) | Total Assessment | $1,854,366 (2025) |
Property Taxes
Parcel Number
4256-007-002
Land Assessment
$1,339,268 (2025)
Improvements Assessment
$515,098 (2025)
Total Assessment
$1,854,366 (2025)
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10986 W Pico Blvd
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