Owner-User | Investment FOR SALE W. Pico Boulevard 4569 Los Angeles, CA 90019
For more information contact: Christian C. Holland William Althouse WESTMAC COMMERCIAL Managing Director | DRE #00942434 Executive Vice President | DRE #01403020 BROKERAGE COMPANY 1515 Sepulveda Blvd. [email protected] [email protected] Los Angeles, CA 90025-3311 Company DRE #01096973 T: 310-478-7700 ext. 350 T: 310-478-7700 ext. 389 www.westmac.com 2 Property Profile
FOR SALE $ 3,750,000
LOCATION 4569 W. Pico Boulevard, Los Angeles, CA 90019
BUILDING Approximately 5,962 square feet
Approximately 11,357 square feet
Site Information LAND
ZONING C4-1-O
APN 5083-031-036
PARKING 18 - 20 car parking (more with valet) Transit Oriented Communities (TOC)- Tier 3
SIGN INCOME Approximately $1,100 per month (short-term lease)
WESTMAC COMMERCIAL BROKERAGE COMPANY 4569 W. PICO BOULEVARD 1515 Sepulveda Boulevard, Los Angeles, CA 90025-3311 | Company DRE #01096973 | www.westmac.com LOS ANGELES, CA 90019 FOR SALE 3
PROPERTY FEATURES
• +/- 14 foot high ceilings.
• The subject space has the potential to have a wide open layout (with columns). • Perfect “Full to Partial” owner/user building.
• The subject building is easily divisible into multiple spaces. • Excellent signage, visibility and street presence.
• Located directly across the street from Midtown Crossing and Midtown Shopping Center (see Amenities Map). • Long-term re-development potential (tier 3 development zone). • First time on the market in over ±20 years.
• Corner lot on signalized corner of W Pico Boulevard and S. Mullen Avenue. • 100 feet of Pico Boulevard frontage, and 115 feet of frontage on Mullen Avenue.
4569 W. PICO BOULEVARD WESTMAC COMMERCIAL BROKERAGE COMPANY LOS ANGELES, CA 90019 1515 Sepulveda Boulevard, Los Angeles, CA 90025-3311 | Company DRE #01096973 | www.westmac.com 4 Amenities Map Site Information
WESTMAC COMMERCIAL BROKERAGE COMPANY 4569 W. PICO BOULEVARD 1515 Sepulveda Boulevard, Los Angeles, CA 90025-3311 | Company DRE #01096973 | www.westmac.com LOS ANGELES, CA 90019 FOR SALE 5 MID-CITY LOS ANGELES The subject property, 4569 W. Pico Boulevard, is in a prime, Mid-town Los Angeles location conveniently located minutes from LACMA, Koreatown, and Miracle Mile. The immediate area accessible through major streets, Pico Boulevard, San Vicente Boulevard, La Brea Avenue, and Venice Boulevard. Access to the Santa Monica Freeway (i-10). Pico Boulevard is lined with popular restaurants, cafes, and bakeries.
The singer Ray Charles once had his recording studio in Mid City, which is a diverse, quiet neighborhood in the center of Los Angeles (hence the name). This area is under redevelopment and many new commercial and mixed use buildings are on their way to completion. In addition, the surrounding neighborhood’s are improving and homes are being remodeled/rebuilt. Property values are on the rise. This is a rare opportunity to purchase prime Mid-City Los Angeles real estate.
4569 W. PICO BOULEVARD WESTMAC COMMERCIAL BROKERAGE COMPANY LOS ANGELES, CA 90019 1515 Sepulveda Boulevard, Los Angeles, CA 90025-3311 | Company DRE #01096973 | www.westmac.com Owner | User | Investment FOR SALE W. Pico Boulevard 4569 Los Angeles, CA 90019
For more information contact: Christian C. Holland William Althouse WESTMAC COMMERCIAL Managing Director | DRE #00942434 Executive Vice President | DRE #01403020 BROKERAGE COMPANY 1515 Sepulveda Blvd. [email protected] [email protected] Los Angeles, CA 90025-3311 Company DRE #01096973 T: 310-478-7700 ext. 350 T: 310-478-7700 ext. 389 www.westmac.com