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3030 W Pico Boulevard

Los Angeles, CA 90006

About this property

Exceptional Investment Opportunity: Premier Mixed-Use Property in Downtown Los Angeles. Presenting a rare opportunity to acquire a high-value mixed-use commercial property strategically positioned at the prominent intersection of Pico Blvd. and Oxford Ave. This corner property combines stable income, strong tenant demand, and future growth potential, boasting an impressive 6.18% CAP rate and a monthly rental income of $10,396. This two-story property spans 7,360 sq. ft. on a 4,194 sq. ft. lot (zoned LAC2). It features a reliable retail tenant (a hardware store) and six fully leased residential studios on month-to-month agreements. With nearly 100% occupancy and tenants maintaining excellent credit profiles, this asset offers investors a blend of consistent income and substantial long-term upside.This property represents a rare chance to own a prime mixed-use building in the heart of downtown Los Angeles, providing a compelling combination of immediate returns and future value appreciation in one of the city's most sought-after markets.

About this property

Exceptional Investment Opportunity: Premier Mixed-Use Property in Downtown Los Angeles. Presenting a rare opportunity to acquire a high-value mixed-use commercial property strategically positioned at the prominent intersection of Pico Blvd. and Oxford Ave. This corner property combines stable income, strong tenant demand, and future growth potential, boasting an impressive 6.18% CAP rate and a monthly rental income of $10,396. This two-story property spans 7,360 sq. ft. on a 4,194 sq. ft. lot (zoned LAC2). It features a reliable retail tenant (a hardware store) and six fully leased residential studios on month-to-month agreements. With nearly 100% occupancy and tenants maintaining excellent credit profiles, this asset offers investors a blend of consistent income and substantial long-term upside.This property represents a rare chance to own a prime mixed-use building in the heart of downtown Los Angeles, providing a compelling combination of immediate returns and future value appreciation in one of the city's most sought-after markets.

Features and Additional Information

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$1,500,000 Active
7,360 SqFt

Presented By Jonathan B Perlstein Jessicca Brueggeman, Palm Springs Chamber of Commerce,REALTOR

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Get in touch today! Phone: 1-310-770-9355
License #02104048
Brokerage
Ivy Realty Co. 213-386-8888
1-213-386-8888
Listed By Ki Seon Im
Brokerage: Ivy Realty Co. 213-386-8888

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Have Questions? Contact
Jonathan B Perlstein Jessicca Brueggeman

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