5369 W Pico Boulevard, Los Angeles, CA 90019
Commercial property
Sold September 2023
Listing Agent: Will Tiao (DRE #01918965) · Listing Office: The Collective Realty · Contact: 310-569-1335 · Bought with: Subscriber Non · Non-Participant Office · MLS #23273017 · Source: CRMLS
About this commercial property
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%
Listing description from the September 2023 sale, as reported to CRMLS.
Sale history