5353 W Pico Boulevard Los Angeles, CA ^$ 2,200,000

5353 W Pico Boulevard

^$ 2,200,000

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5353 W Pico Boulevard

Los Angeles, CA, 90019

^$ 2,200,000

Studio Baths0.0 Sq 4,080

Monthly Estimate*

^$ 15,368

Listed by Marcus & Millichap

5353 W Pico Boulevard, Los Angeles, CA 90019 - Image 1

5353 W Pico Boulevard, Los Angeles, CA 90019 - Image 2

5353 W Pico Boulevard, Los Angeles, CA 90019 - Image 3

5353 W Pico Boulevard, Los Angeles, CA 90019 - Image 4

5353 W Pico Boulevard, Los Angeles, CA 90019 - Image 5

Studio

Commercial Property for sale in Los Angeles, CA

for $2,200,000. This 4,080 square foot building was built in 1957 on a lot size of 0.1851.

5353 W Pico Blvd is stationed on a highly visible strip in an ideal Mid-Wilshire location between S Burnside Ave & S Ridgeley Dr. Built in 1957, this investment opportunity is optimal for an owner-user or investor to acquire for a retail or office space surrounded by an abundance of shopping, restaurants, entertainment, and amenities in a central and premier Los Angeles neighborhood. Opportunity for redevelopment as the site totals8,061 SF zoned C4-1-O. Potential to build up to20 units by-right. (Buyer to verify development potential in due diligence.) The current site consists of a 4,080 square foot building on an 8,061 square foot lot and is presently being operated as a pre-school. The school currently uses the side lot as a playground but can be used as a parking lot.

Commercial Active

Price

^$ 2,200,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.1851

Year Built

1957

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

21709474

Days on Market

1,134

Features

General

Zoning C4-1-O

HOA 0.0

Year Built 1957

County Los Angeles

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status ActiveUnderContract

Directions Stationed on a highly visible strip in an ideal Mid-Wilshire location between S Burnside Ave & S Ridgely Dr

City Los Angeles

View Y/N N

Senior Community Y/N N

MLS Area C19 - Beverly Center-Miracle Mile

Lot Size Square Feet 8061.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Pico

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 773

Standard Status ActiveUnderContract

Exterior

Total Parking 0.0

Lot Size Area 8061.0

Spa N

Building Area Total 4080.0

Lot Size Acres 0.1851

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Boulevard

Electric On Property Y/N N

Total Baths 0

Internal Only

Street Number 1 5353

* Excluded Features

List By

Marcus & Millichap

Broker

(310) 909-5444

Phone

Affordability Calculator

$15,368

Per Month

Monthly Principal & Interest: $15,368
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Los Angeles, CA

Average List Price ^$2,169,774

Percent of Sale Price 1%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/25/2023	$2,200,000		Listed Price

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5353 W Pico Boulevard, Los Angeles, CA, 90019 is a Commercial Property for sale at $2,200,000 with 4,080 sqft and a lot size of 0.1851. 5353 W Pico Boulevard is a studio with 0.0 baths and was built in 1957. The property's zip code is 90019 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/29/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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5353 W Pico Boulevard

Commercial Property for sale in Los Angeles, CA

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