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8881-8883 W Pico Blvd
Los Angeles, CA 90035
Retail Property For Sale
Executive Summary
SEE ATTACHED DOC FOR INVESTMENT DEPRECIATION, COST SEGREGATION, TAX BENEFITS, AND APPRECIATION FOR THE NEXT BUYER. ** BRING YOUR 1031 EXCHANGE HERE. ** Prime owner-user or investment opportunity, COFFEE SHOP, MEDICAL FACIAL SPAS WELCOME.
THIS WAS $6,800,000
NOW $3,900,000, LOOKING LONG TERM OWNER OCCUPANTS LIKE COFFEE SHOP, BAKERY, BEAUTY AND WELLNESS PLUS 2ND OFFICE SPACES TO UTILIZE FOR YOUR BUSINESS OR LEASE THEM OUT!!
Additional monthly income from billboard lease & OIL RIGHT YEARLY INCOME.
High potential financial growth AREA
CONVENTIONAL COMMERCIAL FINANCING NOT POSSIBLE DUE TO SOIL CONTAMINATION.
SELLER FINANCING AVAILABLE FOR $1,000,000
THIS WAS $6,800,000
NOW $3,900,000, LOOKING LONG TERM OWNER OCCUPANTS LIKE COFFEE SHOP, BAKERY, BEAUTY AND WELLNESS PLUS 2ND OFFICE SPACES TO UTILIZE FOR YOUR BUSINESS OR LEASE THEM OUT!!
Additional monthly income from billboard lease & OIL RIGHT YEARLY INCOME.
High potential financial growth AREA
CONVENTIONAL COMMERCIAL FINANCING NOT POSSIBLE DUE TO SOIL CONTAMINATION.
SELLER FINANCING AVAILABLE FOR $1,000,000
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,245 SF
Building Class
C
Year Built
1929
Price
$3,900,000
Price Per SF
$624.50
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.96
Lot Size
0.15 AC
Zoning
LAC4 - Limited Commercial
Frontage
59’ on W Pico Blvd
Amenities
- Bus Line
- Signage
Property Taxes
| Parcel Number | 4332-011-012 | Improvements Assessment | $223,415 |
| Land Assessment | $914,070 | Total Assessment | $1,137,485 |
Property Taxes
Parcel Number
4332-011-012
Land Assessment
$914,070
Improvements Assessment
$223,415
Total Assessment
$1,137,485
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