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4525-4529 W Pico Blvd 4,511 SF 100% Leased Retail Building Los Angeles, CA 90019 $1,495,000 ($331.41/SF) 3.04% Cap Rate



Investment Highlights
- In front of major stor
Executive Summary
Prime Pico Blvd retail investment opportunity. This fully leased three-unit commercial property is located at 4525–4529 W Pico Blvd in a highly visible Mid-City Los Angeles location near the Lowe’s/Midtown Crossing retail center. The property offers immediate in-place income with three existing commercial tenants and scheduled rents of approximately $4,942.15 per month / $59,305.80 annually.
All tenants are month-to-month, creating valuable flexibility for an investor, owner-user, or value-add buyer. The property offers multiple potential strategies, including holding for income, repositioning the units, pursuing rental upside, or exploring future owner-user occupancy in one or more spaces.
Offered at $1,495,000, this is a strong small-bay retail opportunity in a competitive Los Angeles commercial corridor. Property sold as-is. CASp/accessibility documentation available for buyer review. Buyer to verify all property information, including square footage, lot size, zoning, permits, rents, expenses, parking, accessibility/code compliance, condition, and future improvement feasibility. Do not disturb tenants. Financial information, including rents, expenses, NOI and estimated cap rate, is provided for informational purposes only and is based on seller-provided information and/or available records deemed reliable but not guaranteed. Estimated NOI and cap rate may not include all expenses, future adjustments, vacancies, repairs, capital improvements, reserves, insurance changes, tax reassessments, financing costs, management assumptions, or buyer-specific underwriting items. Broker/Agent makes no representation or warranty as to the accuracy or completeness of any financial figures. Buyer shall independently verify all rents, leases, expenses, NOI, cap rate, zoning, permits, use, condition, accessibility/code compliance, and all other property information during buyer’s due diligence period.
All tenants are month-to-month, creating valuable flexibility for an investor, owner-user, or value-add buyer. The property offers multiple potential strategies, including holding for income, repositioning the units, pursuing rental upside, or exploring future owner-user occupancy in one or more spaces.
Offered at $1,495,000, this is a strong small-bay retail opportunity in a competitive Los Angeles commercial corridor. Property sold as-is. CASp/accessibility documentation available for buyer review. Buyer to verify all property information, including square footage, lot size, zoning, permits, rents, expenses, parking, accessibility/code compliance, condition, and future improvement feasibility. Do not disturb tenants. Financial information, including rents, expenses, NOI and estimated cap rate, is provided for informational purposes only and is based on seller-provided information and/or available records deemed reliable but not guaranteed. Estimated NOI and cap rate may not include all expenses, future adjustments, vacancies, repairs, capital improvements, reserves, insurance changes, tax reassessments, financing costs, management assumptions, or buyer-specific underwriting items. Broker/Agent makes no representation or warranty as to the accuracy or completeness of any financial figures. Buyer shall independently verify all rents, leases, expenses, NOI, cap rate, zoning, permits, use, condition, accessibility/code compliance, and all other property information during buyer’s due diligence period.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Sale Condition
Deferred Maintenance
Property Type
Retail
Property Subtype
Storefront
Building Size
4,511 SF
Building Class
C
Year Built
1955
Price
$1,495,000
Price Per SF
$331.41
Cap Rate
3.04%
NOI
$45,508
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.61
Lot Size
0.17 AC
Zoning
C4 - Commerical
Parking
6 Spaces (1.33 Spaces per 1,000 SF Leased)
Frontage
63’ on W Pico Blvd
Amenities
- Bus Line
- Signage
Very walkable
80/100
Moderately drivable
70/100
Strong public transit
80/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5083-031-011 | Total Assessment | $152,922 |
| Land Assessment | $69,838 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $83,084 | Tax Year | 2025 |
Property Taxes
Parcel Number
5083-031-011
Land Assessment
$69,838
Improvements Assessment
$83,084
Total Assessment
$152,922
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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4525-4529 W Pico Blvd
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