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ASPECTOS DESTACADOS
- 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.
RESUMEN EJECUTIVO
Floyd Shaheen of Floyd Group at Marcus & Millichap is please to present exclusively for sale 5208 W Pico Blvd in Los Angeles, CA. This property offers a unique investment opportunity. The building encompasses 3,146 square feet and sits on a 6,183-square-foot lot. Constructed in 1957, it features 11 creative office units complemented by two communal bathrooms. The current parking configuration accommodates nine vehicles. All existing leases are on a month-to-month basis, providing flexibility for potential owner-users or investors considering redevelopment. The zoning designation is LA C4-1, allowing for a Floor Area Ratio (FAR) of 3:1. This permits the development of 16 residential units by right or up to 24 units utilizing Transit Oriented Communities (TOC) Tier 1 incentives. Additionally, the site is eligible for ED-1 incentives, further enhancing its development potential.
Retail in the area is characterized by small shopping centers, standalone storefronts, and mixed-use developments with ground-floor retail. Businesses include a mix of local boutiques, coffee shops, fitness studios, specialty grocery stores, and fast-casual dining options, alongside national chains like Target, Sprouts, CVS, and Starbucks. The nearby Grove, Beverly Center, and Westfield Century City shopping centers further enhance retail appeal, drawing significant foot traffic and serving as major retail anchors for the region. Employment in 90019 is supported by small business owners, retail workers, healthcare professionals, and creative industry employees, with nearby employment hubs including Miracle Mile, Beverly Hills, West Hollywood, and Culver City. The presence of LACMA, the Petersen Automotive Museum, and media and entertainment firms in the area also contributes to commercial real estate demand. As a result, there is a steady need for office space, co-working spaces, and flex-use properties that cater to entrepreneurs and remote workers.
Retail in the area is characterized by small shopping centers, standalone storefronts, and mixed-use developments with ground-floor retail. Businesses include a mix of local boutiques, coffee shops, fitness studios, specialty grocery stores, and fast-casual dining options, alongside national chains like Target, Sprouts, CVS, and Starbucks. The nearby Grove, Beverly Center, and Westfield Century City shopping centers further enhance retail appeal, drawing significant foot traffic and serving as major retail anchors for the region. Employment in 90019 is supported by small business owners, retail workers, healthcare professionals, and creative industry employees, with nearby employment hubs including Miracle Mile, Beverly Hills, West Hollywood, and Culver City. The presence of LACMA, the Petersen Automotive Museum, and media and entertainment firms in the area also contributes to commercial real estate demand. As a result, there is a steady need for office space, co-working spaces, and flex-use properties that cater to entrepreneurs and remote workers.
INFORMACIÓN DEL EDIFICIO
Tipo de venta
Inversión
Tipo de inmueble
Oficina
Tamaño del edificio
292 m²
Clase de edificio
B
Año de construcción
1957
Precio
1.915.425 €
Precio por m²
6.553,55 €
Alquiler
Varios inquilinos
Altura del edificio
1 planta
Tamaño de planta tipo
292 m²
Coeficiente de edificabilidad del edificio
0,49
Tamaño del terreno
0,06 ha
Zonificación
LAC4 - Comercial
Parking
9 espacios (30,79 espacios por 1.000 m² alquilado)
CARACTERÍSTICAS DEL EDIFICIO
- Línea de autobús
Walk Score®
El paraíso del peatón (93)
Bike Score®
Se puede ir en bici a muchos servicios (86)
IMPUESTOS DEL INMUEBLE
| Número de terreno | 5070-012-005 | Evaluación de las mejoras | 91.580 € |
| Evaluación del terreno | 242.048 € | Evaluación total | 333.629 € |
IMPUESTOS DEL INMUEBLE
Número de terreno
5070-012-005
Evaluación del terreno
242.048 €
Evaluación de las mejoras
91.580 €
Evaluación total
333.629 €
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VÍDEOS
MATTERPORT TOUR EXTERIOR EN 3D
MATTERPORT TOUR EN 3D
FOTOS
STREET VIEW
CALLE
MAPA
Elaborado por
Creative Flex Space | Future Development | 5208 W Pico Blvd
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