2474 Pico BlvdLos Angeles, CA 90006
- Retail properties
- 4,010 SF
Property Details for 2474 Pico Blvd
- Year built
- 1994
- Construction
- WOOD
- Lot size
- 0.16 AC
- Property size (Sq ft)
- 4,010 SF
- Zone code
- LAC2
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 5056-001-055
- APU
- 5056001055
Description
This exceptional 4,100 square foot retail space is ideally situated at 2474 W Pico Blvd in Los Angeles, California, 90006, at the bustling intersection of Pico Boulevard and Vermont Avenue. The property is a single-tenant space, offering complete flexibility for a wide range of retail businesses. The entire 4,100 square feet is currently vacant, presenting a unique opportunity for a business seeking a prominent location with high visibility. Located in Los Angeles County, this property benefits from excellent access to major transportation routes and a dense population base. The address provides strong street presence and ample opportunity for signage. This is a rare chance to secure a substantial retail space in a high-traffic area of Los Angeles. The property's size and location make it suitable for a variety of retail concepts, from restaurants and boutiques to service-based businesses. The building's layout is adaptable and can be customized to meet the specific needs of the tenant. This is a prime opportunity for a business looking to establish a strong presence in a vibrant and growing market. The property is classified as Commercial Retail and is ready for immediate occupancy. Interested parties should act quickly to secure this exceptional retail space.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,707,929
- 6.5%
- $1,576,550
- 7%
- $1,463,940
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,921,605
- Geo Method
- $1,921,605
-
Alternative Use
- Use
- Valuation
- Residential
- $1,329,879
- Hospitality
- $1,218,162
- Educational
- $1,013,497
- Medical
- $1,048,352
- Retail
- $1,576,550
Location Insight
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Latitude
- 34.047
- Longitude
- -118.291
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- 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.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].