Log In/Sign Up
Your email has been sent.
3014 W Pico Blvd 4,800 SF 100% Leased Retail Building Los Angeles, CA 90006 $1,349,000 ($281.04/SF) 4.22% Cap Rate
Investment Highlights
- Retail - Residential - Mixed Use - An Excellent Owner-User SBA Loan Opportunity!
- 2nd Floor Apartments include 2 - Two Bedroom One Bath Units (Appx 900sf) and 2 Non-Conforming Studios (Appx. 300sf).
- Parking lot with nine spaces at the rear of the building which can be accessed from Oxford Avenue via an easement
- Two Retail spaces approximately 1,200 sq. ft. each. Both Retail Tenants are Month to Month.
- Please Note that the two original second floor apartments were likely 2 - Three Bedroom Two Bath Units -(Appx 1200sf).
Executive Summary
Owner Is Motivated - Bring All Offers!!!
Retail-Residential - Mixed Use - The Subject Property is an Excellent Owner-User SBA Opportunity!!!
Ground Floor Retail - Two Spaces Approximately 1200 sf each. Both Retail Tenants are currently Month to Month Tenants.
The 2nd Floor Apartments include 2 Two Bedroom One Bath Apartments (Appx 900 sf each) and 2 Non-Conforming Studio Apartments (Appx. 300 sf each).
Please Note that the two original second floor apartments were likely 2 Three Bedroom Two Bath Apartments (Appx 1200 sf). Buyer to confirm status.
Additionally, the Subject Property has a parking lot with nine spaces at the rear of the building which can be accessed from Oxford Avenue via a recorded easement in favor of the owner of the Subject Property.
Retail-Residential - Mixed Use - The Subject Property is an Excellent Owner-User SBA Opportunity!!!
Ground Floor Retail - Two Spaces Approximately 1200 sf each. Both Retail Tenants are currently Month to Month Tenants.
The 2nd Floor Apartments include 2 Two Bedroom One Bath Apartments (Appx 900 sf each) and 2 Non-Conforming Studio Apartments (Appx. 300 sf each).
Please Note that the two original second floor apartments were likely 2 Three Bedroom Two Bath Apartments (Appx 1200 sf). Buyer to confirm status.
Additionally, the Subject Property has a parking lot with nine spaces at the rear of the building which can be accessed from Oxford Avenue via a recorded easement in favor of the owner of the Subject Property.
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$93,905
|
$19.56
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$93,905
|
$19.56
|
| Taxes |
$16,835
|
$3.51
|
| Operating Expenses |
$20,406
|
$4.25
|
| Total Expenses |
$37,241
|
$7.76
|
| Net Operating Income |
$56,664
|
$11.81
|
Financial Summary (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $93,905 |
| Annual Per SF | $19.56 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $93,905 |
| Annual Per SF | $19.56 |
| Taxes | |
|---|---|
| Annual | $16,835 |
| Annual Per SF | $3.51 |
| Operating Expenses | |
|---|---|
| Annual | $20,406 |
| Annual Per SF | $4.25 |
| Total Expenses | |
|---|---|
| Annual | $37,241 |
| Annual Per SF | $7.76 |
| Net Operating Income | |
|---|---|
| Annual | $56,664 |
| Annual Per SF | $11.81 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,800 SF
Building Class
C
Year Built
1904
Price
$1,349,000
Price Per SF
$281.04
Cap Rate
4.22%
NOI
$56,923
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.79
Lot Size
0.14 AC
Zoning
C2-1VL - Neighborhood Commercial
Parking
9 Spaces (1.88 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- P G Inc
- Public Administration
- -
- -
- -
- Rigoberto's Tv
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| P G Inc | Public Administration | - | - | - | ||
| Rigoberto's Tv | Services | - | - | - |
Walk Score®
Walker's Paradise (94)
Nearby Major Retailers
Property Taxes
| Parcel Number | 5074-002-008 | Total Assessment | $1,251,606 (2025) |
| Land Assessment | $864,747 (2025) | Annual Taxes | $16,835 ($3.51/SF) |
| Improvements Assessment | $386,859 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
5074-002-008
Land Assessment
$864,747 (2025)
Improvements Assessment
$386,859 (2025)
Total Assessment
$1,251,606 (2025)
Annual Taxes
$16,835 ($3.51/SF)
Tax Year
2024
1 of 13
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
3014 W Pico Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.