2771 W Pico BLVD Active

Los Angeles,CA 90006

$ 5200000

- Bed

- Bath

8670 SqFt


Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 8,670 sqft

Price per Sqft $599

MLS Listing ID DW25041701

HOA Y/N No

Year Built 1948

Lot Size 0.624 Acres

Acres 0.6237

Property Sub-Type Business

Property Description

Investors and developers we are happy to present an incredible opportunity to acquire
approximately .62 acres in a Downtown LA area experiencing rapid development
and revitalization. These parcels are Located within an Opportunity Zone, providing
additional advantages to the development project. These four contiguous parcels are
on the prime signalized intersection of Pico and Normandie. Pico and Normandie are
both high traffic streets (both pedestrian and automobile) with access to the site on
both Pico and Normandie. Public transportation is literally steps away to Access
Downtown Los Angeles: home of LA Live, Crypto Arena and the convention
center. China Town, Pico Union, Korea town and the USC Campus are literally
minutes away. Close proximity to the 10 and 110 freeways add value to this collection of parcels.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Interior

Laundry None

Building

Lot Description 0-1 Unit/Acre

Story 1

Water Public

Others

Acceptable Financing None

Listing Terms None

Financing None

Special Listing Condition Standard,Trust

Lease Land No

Confidential INFO

TERMS Cash To New Loan

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

SHOW CONTACT TYPE Agent,Property Manager

SHOW CONTACT NAME Jeff Worthy

SHOW CONTACT PH (562) 659-2245

SHOW INSTRUCTIONS Primarily a redevelopment opportunity. Please do not disturb tenant. Once tenant vacates, showings will be available For more information, Contact Jeff Worthy, Broker (562) 659-2245 jsworthy@hotmail.com

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