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Listed by Sandro Bononi, DRE #01401037 • LPT Realty, Inc
$1,600,000
Est. payment /mo
6,642 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR26184380
Year Built 1949
Lot Size 6,642 Sqft
Source California Regional MLS
Property Description
Exceptional mixed-use investment opportunity near Koreatown, prominently located along the busy Pico Boulevard corridor near Crenshaw Boulevard. The property features two separate two-story buildings with a total of five income-producing spaces, including four residential units and one ground-floor commercial space fronting Pico Boulevard. Three units are currently vacant, offering immediate leasing opportunities at market rents, while two residential units are occupied by long-term, month-to-month tenants. The offering also includes the adjoining commercial address at 4317 W Pico Boulevard, creating a versatile mixed-use setup with residential, retail, office, or service-oriented potential. The commercial space was previously used as a flower shop and, before that, by a plumbing business, giving future occupants and buyers a sense of the property's prior commercial utility and flexibility. Additional highlights include parking for approximately six vehicles, with two tandem spaces in front and approximately four to five side-by-side spaces toward the rear, plus a private courtyard between the buildings. Tenants pay their own electricity and gas, while the owner pays water, helping to keep operating expenses manageable. Conveniently located near restaurants, shops, businesses, pu
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Interior
Laundry None
Exterior
Parking Features Assigned Spaces, Gate / Door Opener, Other
Pool None
Building
Water District - Public
Others
Tax ID 5082022004
Special Listing Condition Not Applicable
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Sharad Gupta
Broker License ID: 02213637
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