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Nancy DuShane-Bank
SOLD
$2,175,000
Date 09/20/2023

5369 W Pico Boulevard
Los Angeles, CA 90019

Business Opportunities
Commercial
5,087
Sq. Ft.
0.0919
Acre Lot
Listing Agent: Will Tiao - The Collective Realty; will@tiaoproperties.com
Home> California> Los Angeles> 90019
5369 W Pico presents the opportunity to acquire a centrally located flex/production/showroom/office building in the heart of Mid-Town. The property is prime for an owner to customize and take advantage of SBA financing.Here are some highlights: Short distance to several restaurants/businesses along W Pico Blvd and stone's throw to The Grove and Melrose. Centrally located in Mid-Town with easy access to 10 Fwy, West Hollywood, Beverly Hills, Culver City, and DTLA. Delivered vacant, the first floor is currently used for photo shoots, video production, and podcasts and has several offices, bathrooms, make-up room, and sound booth. Second Floor currently leased to private gym operator. The first floor flex space has two-story high ceilings and building has four parking spaces total *Estimated income gives a GRM of 17.2 and a cap rate of 5.2%
23273017
Commercial - Business Opportunities, Other
1960
Los Angeles
0.0919 Acres
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Listing Agent: Will Tiao - The Collective Realty; will@tiaoproperties.com
Licensed in: DRE# 01918965
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