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8955 W Pico Blvd 2,750 SF Retail Building Los Angeles, CA 90035 $1,315,000 ($478.18/SF) 5.10% Cap Rate
Investment Highlights
- Excellent Positioning Along Highly Traveled Pico Boulevard Corridor
- Surrounded By Beverly Hills And Century City Residential Communities
- Easy Access To West Los Angeles And Major Commercial Districts
- Located In The Heart Of The Established Pico-Robertson Neighborhood
- Single-Tenant Retail Building With Auto Repair Use And Stable Income
Executive Summary
This retail property on 8955 W Pico Blvd offers an investment opportunity in the highly established Pico-Robertson neighborhood of Los Angeles. Situated along a major east-west corridor, the site benefits from strong traffic exposure and proximity to key affluent residential areas such as Beverly Hills and Century City. The property consists of a single-tenant, auto repair use within a 2,750 SF building on a 5,500 SF lot. Zoned C4-IVL-O, it provides versatile commercial potential in a dense and stable market. With a listed price of $1,315,000 and a cap rate of 5.10%, the asset presents a blend of location strength and income capability for long-term growth.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,750 SF
Building Class
C
Year Built
1949
Price
$1,315,000
Price Per SF
$478.18
Cap Rate
5.10%
NOI
$67,065
Tenancy
Single
Building Height
1 Story
Building FAR
0.49
Lot Size
0.13 AC
Zoning
C2-1, Los Angeles - "Commercial -C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Uses
Parking
14 Spaces (5 Spaces per 1,000 SF Leased)
Frontage
142’ on West Pico Boulevard
Amenities
- Pylon Sign
- Signage
Exceptionally walkable
90/100
Exceptionally drivable
90/100
Good public transit
70/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 4332-008-002 | Improvements Assessment | $294,747 |
| Land Assessment | $1,473,761 | Total Assessment | $1,768,508 |
Property Taxes
Parcel Number
4332-008-002
Land Assessment
$1,473,761
Improvements Assessment
$294,747
Total Assessment
$1,768,508
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8955 W Pico Blvd
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