959 Pico BlvdLos Angeles, CA 90021

  • Industrial properties
  • 8,515 SF
For Sale
$2,995,000 View listing

Property Details for 959 Pico Blvd

Year built
1967
Construction
TILT-UP CONCRETE
Lot size
0.27 AC
Property size (Sq ft)
8,515 SF
Zone code
LAM2
Property type
Industrial properties
Property subtype
Other warehouses
APN
5132-013-028
APU
5132013028

Description

This exceptional 8,515-square-foot property, located at 959 E Pico Blvd in Los Angeles, CA 90021, presents a unique opportunity for businesses seeking versatile space. The building, constructed in 1967, seamlessly blends executive office space with warehouse functionality, making it ideal for a variety of uses. The entire 8,515 square feet is currently available for lease, offering immediate occupancy. The property boasts a substantial 14-foot ceiling height in the warehouse area, providing ample vertical space for storage or specialized equipment. Convenient loading is ensured with one loading dock. Ample parking is available for employees and clients, with a total of 20 parking spaces provided on-site. Situated on a generous 11,761-square-foot lot in Los Angeles County, this property offers both functionality and strategic location. The property is classified as both Office and Industrial, and is suitable for multiple tenants. This versatile space is perfect for businesses requiring a blend of office and warehouse capabilities, offering a unique opportunity to establish a thriving operation in a prime Los Angeles location. The property's size and features make it an attractive option for companies seeking a significant footprint in a well-established area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,848,967
    Hospitality
    $2,609,638
    Educational
    $2,171,188
    Medical
    $2,245,859
    Retail
    $3,377,404
959 Pico Blvd, Los Angeles, California

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.0307
Longitude
-118.248
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$51,555
$3,062,207
$710,868
$3,773,075
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