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5208 W Pico Blvd
Los Angeles, CA 90019
Creative Flex Space | Future Development · Office Property For Sale
Investment Highlights
- Month-to-month leases allow for owner-use or redevelopment. LA C4-1 zoning supports 16 units by right or 24 with TOC incentives.
- Near The Grove, Miracle Mile museums, and Mid-Wilshire, with easy access to I-10, I-405, and public transit
- Located on a well-trafficked corridor, with national retailers and ongoing neighborhood revitalization.
- Surrounded by multiple large-scale residential and mixed-use projects, enhancing area vibrancy and demand.
- $162K average household income, strong employment base, and proximity to major employers.
- With a Walk Score of 91, the property is highly accessible to surrounding neighborhood amenities.
Property Facts
Property Type
Office
Building Size
3,146 SF
Building Class
B
Year Built
1957
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,146 SF
Building FAR
0.50
Lot Size
0.15 AC
Zoning
LAC4 - Commercial
Parking
9 Spaces (2.86 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
Property Taxes
| Parcel Number | 5070-012-005 | Improvements Assessment | $107,577 |
| Land Assessment | $284,328 | Total Assessment | $391,905 |
Property Taxes
Parcel Number
5070-012-005
Land Assessment
$284,328
Improvements Assessment
$107,577
Total Assessment
$391,905
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