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8938 W Pico Boulevard, Los Angeles, CA 90035

Commercial property

8938 W Pico Boulevard, Los Angeles, CA 90035 Sold January 2024 CRMLS
$2,225,000Sold January 2024

Listing Agent: Michael R. Fukushima (DRE #01380445) · Listing Office: Keller Williams Los Angeles · Contact: 213-797-7000 · Bought with: Jacob Zacuto · Zacuto Group · MLS #23307991 · Source: CRMLS

1,920
Building Sq Ft
1.20%
Cap Rate
$32,400
NOI
3,840 sqft
Lot Size
1948
Year Built
LAC4
Zoning
Commercial property
Type

About this commercial property

We are proud to present 8938 W Pico Blvd.! Discover a golden opportunity in the vibrant Pico-Robertson area, where business thrives and possibilities abound. Nestled in the heart of Los Angeles, this sought-after commercial district offers an exceptional location for entrepreneurs, retailers, and investors alike. Positioned strategically between Beverly Hills and West Hollywood, Pico-Robertson boasts an enviable address that attracts a diverse range of clientele. With easy access to major thoroughfares and close proximity to popular neighborhoods, this area enjoys a constant flow of foot and vehicular traffic, ensuring visibility and convenience for your property. The +/- 1,920 SF building built in 1948 sits on a +/- 3,840 SF lot zoned LAC4. The property is currently leased out to a retail shop on a month-to-month lease. There are four parking spaces with rear alley access. The large rear lot being used for parking and storage, can potentially be built out for a larger building. DO NOT DISTURB THE TENANT! DRIVE BY ONLY!

Listing description from the January 2024 sale, as reported to CRMLS.

Sale history

$2,225,000
Sold January 2024 · listed $2,700,000, on market September 2023 · MLS #23307991 · Source: CRMLS
Listing Agent: Michael R. Fukushima · Listing Office: Keller Williams Los Angeles · Contact: 213-797-7000 · Bought with: Jacob Zacuto · Zacuto Group
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