2599 West Pico Boulevard
2599 West Pico Boulevard
$1,650,000
6,968 / 0.16
Sold 3/7/23
Description
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...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.
- Listed by Nicole Apostolos • DRE #01464936 • Brokerage DRE #01342342 • Equity Union
Property Details for 2599 West Pico Boulevard
Zoning
LAC2
Parcel Number5078030016
AreaMid-Wilshire (C17)
Lot Size Area6968
Source Lot Size AreaVendor Enhanced
Assessor Parcel Number5078-030-016
DirectionsOn Pico Blvd, near Vermont Ave.
Location
LISTING UPDATED: 04/28/2023 12:50 PM
Property Details for 2599 West Pico Boulevard
Status | Sold |
---|---|
MLS # | 22-156713 |
Days on Market | 184 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land Lot |
Year Built | - |
Lot Size | 0.16 AC |
County | Los Angeles County |
Location
Building Information for 2599 West Pico Boulevard
Lot Size0.16 AC
Payment Calculator
$9,781 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2599 West Pico Boulevard
Property History for 2599 West Pico Boulevard
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2599 West Pico Boulevard
Taxable ValueLand$517,609Additions$148,259Total$665,868
Tax Record2023$9,308 ($776 / month)
Home Facts
Total Finished SqFt3,867 SqFtAbove Grade Finished SqFt3,867 SqFtStories1Lot Size6,968 SqFtStyleStoresYear Built1966ZoningLAC2CountyLOS ANGELESAPN5078-030-016
Schools near 2599 West Pico Boulevard
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Leo Politi Elementary School PublicK to 5 | ||
Berendo Middle School Public6 to 8 | ||
West Adams Preparatory High School Public9 to 12 | ||
Ypi Valley Public Charter High Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.