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2584 W Pico Blvd - 2584-2588 W Pico Blvd Los Angeles CA 90006 0.32 Acres of Commercial Land Offered at $3,500,000 in Los Angeles, CA 90006
Executive Summary
The property consists of two contiguous parcels (Lots 48 & 49) situated in a dense urban corridor with strong surrounding residential and commercial activity.
The site may be suitable, subject to zoning and city approvals, for a contemporary office and condominium-style or live/work development concept designed to appeal to younger professionals seeking flexibility between work and residential use.
Excellent street frontage and central location support long-term investment potential.
Buyer to independently verify zoning, permitted uses, development feasibility, and all related regulations.
Property Facts
1 Lot Available
Lot 48, 49
| Price | $3,500,000 | Lot Size | 0.32 AC |
| Price Per AC | $10,937,500.00 |
| Price | $3,500,000 |
| Price Per AC | $10,937,500.00 |
| Lot Size | 0.32 AC |
Located on W Pico Blvd between Catalina St and Berendo St in Los Angeles. Approximately 0.32 acres (±14,000 SF) consisting of two contiguous lots (Lots 48 & 49) in a dense urban corridor.
Description
Rare opportunity to acquire approximately 0.32 acres (±14,000 SF) of land located on W Pico Blvd between Catalina St and Berendo St in Los Angeles. The property consists of two contiguous parcels (Lots 48 & 49) situated in a dense urban corridor with strong surrounding residential and commercial activity. The site may be suitable for a contemporary mixed-use or office-condominium style development concept appealing to younger professionals seeking flexibility between work and living, subject to zoning and city approvals. Excellent street frontage and central location support long-term investment and redevelopment potential. Buyer to independently verify zoning, permitted uses, development feasibility, and all applicable regulations.
Property Taxes
| Parcel Numbers | Improvements Assessment | $86,593 | |
| Land Assessment | $2,597,834 | Total Assessment | $2,684,427 |
Property Taxes
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2584 W Pico Blvd - 2584-2588 W Pico Blvd Los Angeles CA 90006
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