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5353 W Pico Boulevard

Los Angeles (City), CA 90019
  • $2,200,000
  • STATUS: Active Under Contract
  • ON SITE: 363 Days
  • ID#: 21709474
Under Contract
UPDATED: 181 min ago
$2,200,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1957
County:

School Ratings & Info

Listing Agent(s): Neema Ahadian of Marcus & Millichap (310-909-5500)


Description

5353 W Pico Blvd is stationed on a highly visible strip in an ideal Mid-Wilshire location between S Burnside Ave & S Ridgeley Dr. Built in 1957, this investment opportunity is optimal for an owner-user or investor to acquire for a retail or office space surrounded by an abundance of shopping, restaurants, entertainment, and amenities in a central and premier Los Angeles neighborhood. Opportunity for redevelopment as the site totals8,061 SF zoned C4-1-O. Potential to build up to20 units by-right. (Buyer to verify development potential in due diligence.) The current site consists of a 4,080 square foot building on an 8,061 square foot lot and is presently being operated as a pre-school. The school currently uses the side lot as a playground but can be used as a parking lot.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-23T14:44:47.85. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Go Gabby | RE/MAX Estate Properties. Licensed in the State of California, USA.
www.gogabby.com/homes/138865030
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5353 W Pico Boulevard Los Angeles (City), CA 90019

  • Price: $2,200,000
  • Status: Active Under Contract
  • On Site: 363 Days
  • Updated: 181 min ago
  • ID#: 21709474
0
Beds
0
Baths
0
½ Baths
0.19
Acres
1957
Built
Neighborhood:
C19 - Beverly Center-Miracle Mile
County:
Los Angeles
Area:
C19 - Beverly Center-Miracle Mile
Property Description
5353 W Pico Blvd is stationed on a highly visible strip in an ideal Mid-Wilshire location between S Burnside Ave & S Ridgeley Dr. Built in 1957, this investment opportunity is optimal for an owner-user or investor to acquire for a retail or office space surrounded by an abundance of shopping, restaurants, entertainment, and amenities in a central and premier Los Angeles neighborhood. Opportunity for redevelopment as the site totals8,061 SF zoned C4-1-O. Potential to build up to20 units by-right. (Buyer to verify development potential in due diligence.) The current site consists of a 4,080 square foot building on an 8,061 square foot lot and is presently being operated as a pre-school. The school currently uses the side lot as a playground but can be used as a parking lot.
Exterior Features

Parking Total 0

Property Features

Association Fee 0 Listing Agreement Exclusive Right To Sell Listing Service Full Service Special Listing Conditions Standard Zoning C4-1-O



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-23T14:44:47.85. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Go Gabby | RE/MAX Estate Properties. Licensed in the State of California, USA.
 
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Go Gabby | RE/MAX Estate Properties
1901 S Catalina Ave.
Redondo Beach CA, 90277
Listing Agent(s): Neema Ahadian of Marcus & Millichap (310-909-5500)