Description

Maher Commercial Realty is pleased to present this rare opportunity to purchase a mixed use retail/office/showroom building in the heart of West Los Angeles at only $326/SF. This presents a significant discount compared to retail building sales on Pico in West LA in the last 3 years, which have sold at an average of $830/SF, and an average of $696/SF for office.

Potentially six units are available in this +/-9,200 square foot building located on the southwest corner of Pico Blvd. and Barrington Avenue. An investor can benefit from acquiring a West LA asset at an attractive price/SF basis and maximize income. Owner/users can utilize attractive SBA financing and benefit from the building’s high visibility and coveted location to grow their brand.

The property is also proximate to the 10/405 Freeway interchange and surrounded my major industries including Google and Riot Games. The property is a block away from popular restaurants including Don Antonio’s, Neat, Sorry Not Sorry and Yabu. TraderJoe’s and Whole Foods are also nearby.

Property Features:

  • List Price: $3,000,000
  • Building Size: 9,200 Sq.Ft.
  • Lot Size: 5,495 Sq.Ft.
  • Price Per Sq.Ft.: $326.00
  • Zoning: LAC2 TOC Tier 3
  • Parking: 6 Spaces
  • Amenities: Parking, Billboard Income, High Visibility

Property ID

11714-11720, Los Angeles, CA

Property Type

Office

Status

For Sale

Price

$3,000,000.00

Additional Features

N

maher commercial realty

N

west la building for sale

N

west la office building for sale

N

west la retail building for sale


Agents

Oron Maher

Oron Maher

Director Broker

  • (310) 464-1453
  • Oron@MaherCR.com
  • MaherCR.com
Jeremy Shore

Jeremy Shore

Senior Investment Associate

  • 310-464-1456
  • Jeremy@MaherCR.com
  • MaherCR.com

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