For Lease
$36/SF/YR

418 Pico Blvd Los Angeles, CA 90015

Prime South Park Restaurant, 1750 sq ft.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional restaurant opportunity is located at 418 W Pico Blvd, Los Angeles, CA 90015, at the corner of Hope Street. The 1,750 square foot space is situated on the ground floor of a large apartment complex with over 160 units, ensuring a built-in customer base. This second-generation coffee shop offers a turnkey solution for a new food or beverage operator. The property benefits from its strategic location in the rapidly developing South Park district, a high-density area with numerous hotels, apartments, a hospital, and proximity to the LA Convention Center and Crypto Arena. The high foot traffic and dense concentration of residents and visitors in the area present a significant advantage for any business seeking a thriving location. The total building size is 156,381 square feet, indicating a substantial structure with ample space and potential. This is a rare chance to establish a successful business in one of Los Angeles County's fastest-growing neighborhoods. The property is a single-tenant space, offering complete control and flexibility to the new occupant. This presents a unique opportunity for a café, coffee shop, or other food-related business to capitalize on the area's vibrant atmosphere and high demand.

Highlights

  • Second-generation space ready for immediate occupancy.
  • Excellent location within a high-density residential area.
  • Close proximity to the LA Convention Center and Crypto.com Arena.
  • Ground-floor retail space in a 160+ unit multifamily building.

Property Details for 418 Pico Blvd

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
156,381 SF

Unit(s) available at that property

Space
Size
1,750 SF
Rate per SF
$36

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.0390649
Longitude
-118.2650576

FAQs

What type of property is this?
Retail property - Prime South Park Restaurant, 1750 sq ft.
Where is the retail property located?
The property is located at 418 Pico Blvd Los Angeles, CA.
What is the lease rate?
The lease rate is $36/SF/YR.
What are key features of this property?
This property features: Second-generation space ready for immediate occupancy.; Excellent location within a high-density residential area.; Close proximity to the LA Convention Center and Crypto.com Arena.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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418 Pico Blvd
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