10931 Pico BlvdLos Angeles, CA 90064

  • Retail properties
  • 4,600 SF
For Lease
$30/SF/YR View listing

Property Details for 10931 Pico Blvd

Year built
1948
Construction
TILT-UP CONCRETE
Lot size
0.13 AC
Property size (Sq ft)
4,600 SF
Zone code
LAC2
Property type
Retail properties
Property subtype
Retail space
APN
4322-009-020
APU
4322009020

Description

This exceptional 6,000 square foot property at 10931 W Pico Blvd in Los Angeles, CA, offers a unique opportunity for businesses seeking prime West Los Angeles office and retail space. Located in Los Angeles County, zip code 90064, this multi-tenant building boasts a Google-adjacent location, providing unparalleled visibility and accessibility. The property is currently fully vacant, presenting a blank canvas for customization. Flexible floor plans allow for spaces ranging from a minimum of 1,200 square feet to a maximum contiguous space of 4,800 square feet, catering to a variety of business needs and sizes. The building's commercial and executive office space is ideal for a range of businesses. Parking is available at a rate of $135 per space per month. This property presents a rare chance to establish a presence in a highly sought-after area with excellent visibility and convenient access to major transportation routes. The building's versatile layout and prime location make it an ideal investment for businesses seeking a strategic foothold in the vibrant West Los Angeles market. Don't miss this opportunity to secure your ideal space in this thriving area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,641,043
    6.5%
    $1,514,809
    7%
    $1,406,608
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,201,418
    Geo Method
    $2,204,335
  • Alternative Use

    Use
    Valuation
    Residential
    $1,277,798
    Hospitality
    $1,170,456
    Educational
    $973,806
    Medical
    $1,007,296
    Retail
    $1,514,809
10931 Pico Blvd, Los Angeles, California

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.0394
Longitude
-118.431
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
$5,460
$264,371
$125,440
$389,811
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-
-
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FAQs

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