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2599 Pico Boulevard
Los Angeles, CA 90006
Sold
2599 Pico Boulevard
Los Angeles, CA 90006
Sold
2599 West Pico Boulevard is a 3,867 SF retail space situated on a 6,968 SF LAC2 zoned lot. 17 units can be built by right, and 31 units can be built with the TOC Tier 3 density bonus (buyer to verify). The property is currently divided into three retail spaces that average about 1,200 SF. All three spaces are rented out to a laundromat, a restaurant, and a clothing store. All three businesses have been reliable tenants for years and are on month-to-month leases. There is parking space in the lot as well. Most recently, the current owners made improvements to the parking lot and the roof. The property is in the up & coming Koreatown area, on Pico Boulevard, near Vermont Ave. This location provides very easy access to all the employment opportunities, excellent restaurants, shopping, and entertainment that Koreatown, Hollywood and Downtown LA have to offer, making it highly sought after by the young professional tenant. In addition, the area is deemed a "Walker's Paradise" with a walk score of 93 out of 100 since many daily errands can be done by foot. 2599 West Pico Boulevard provides a unique opportunity for an investor looking to place money on valuable retail space in an up & coming neighborhood, or a developer looking to develop a large lot with great potential.
PROPERTY INFORMATION
| MLS # | 22156713 | Lot Size | 6,968 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 1,650,000
Price Per SqFt: $ 237 |
DOM | 1121 Days |
| Address | 2599 Pico Boulevard | Type | Land |
| City | Los Angeles | Sq.Ft. | 6,968 Sq. Ft. |
| Postal Code | 90006 | Garage | N/A |
| County | Los Angeles | Year Built | |
| Bed / Bath | 0 / 0 | Parking | N/A |
| Built In | Status | Closed | |
| Sold Date | 2023-03-07 |
INTERIOR FEATURES
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,760
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 03/07/2023 | Sold | $1,650,000 |
| 12/07/2022 | Active | $1,995,000 |
| 05/31/2022 | Listed | $1,995,000 |
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Listing provided courtesy of Nicole Apostolos, Equity Union. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
