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1652 S La Cienega Blvd
Los Angeles, CA 90035
Retail Property For Sale


Executive Summary
AVAILABLE FOR PURCHASE IN PORTFOLIO OR INDIVIDUALLY
• Prime Pico-Robertson location with convenient access to Beverly Hills, Century City, West Hollywood, and Culver City, surrounded by dense residential populations, established retail, schools, and numerous religious and community institutions.
• ±11,720 SF of Retail across two adjacent buildings, offering a unique opportunity to acquire a substantial retail footprint in a prime location.
• Turnkey Space offering existing improvements and ready for immediate occupancy, minimizing upfront renovation costs.
• C2 Zoning offering flexibility for a wide variety of commercial uses, including retail, restaurant, fitness, and automotive uses.
• MTM lease in place with below-market rents, creating immediate flexibility for an owner-user or value-add investor to restructure the tenancy and capture additional rental upside.
• 1652 offers ±5,280 SF GLA with 30 feet of frontage, high ceilings, two roll-up doors, two bathrooms, an existing two-post car lift, and 110V and 380V three-phase power.
• 1660 offers ±6,440 SF GLA with 80 feet of frontage on La Cienega Blvd and a dedicated roll-up door off Alvira St.
• Prime Pico-Robertson location with convenient access to Beverly Hills, Century City, West Hollywood, and Culver City, surrounded by dense residential populations, established retail, schools, and numerous religious and community institutions.
• ±11,720 SF of Retail across two adjacent buildings, offering a unique opportunity to acquire a substantial retail footprint in a prime location.
• Turnkey Space offering existing improvements and ready for immediate occupancy, minimizing upfront renovation costs.
• C2 Zoning offering flexibility for a wide variety of commercial uses, including retail, restaurant, fitness, and automotive uses.
• MTM lease in place with below-market rents, creating immediate flexibility for an owner-user or value-add investor to restructure the tenancy and capture additional rental upside.
• 1652 offers ±5,280 SF GLA with 30 feet of frontage, high ceilings, two roll-up doors, two bathrooms, an existing two-post car lift, and 110V and 380V three-phase power.
• 1660 offers ±6,440 SF GLA with 80 feet of frontage on La Cienega Blvd and a dedicated roll-up door off Alvira St.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Auto Repair
Building Size
5,460 SF
Building Class
C
Year Built
1988
Price
$2,650,000
Price Per SF
$485.35
Tenancy
Single
Building Height
1 Story
Building FAR
1.03
Lot Size
0.12 AC
Zoning
C2 - Commercial
Parking
1 Spaces (0.19 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 5068-008-015 | Improvements Assessment | $485,450 |
| Land Assessment | $527,031 | Total Assessment | $1,012,481 |
Property Taxes
Parcel Number
5068-008-015
Land Assessment
$527,031
Improvements Assessment
$485,450
Total Assessment
$1,012,481
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