4315 W Pico Boulevard

Exceptional mixed-use investment opportunity near Koreatown, prominently located along the busy Pico Boulevard corridor near Crenshaw Boulevard. The property features two separate two-story buildings with a total of five income-producing spaces, including four residential units and one ground-floor commercial space fronting Pico Boulevard. Three units are currently vacant, offering immediate leasing opportunities at market rents, while two residential units are occupied by long-term, month-to-month tenants. The offering also includes the adjoining commercial address at 4317 W Pico Boulevard, creating a versatile mixed-use setup with residential, retail, office, or service-oriented potential. The commercial space was previously used as a flower shop and, before that, by a plumbing business, giving future occupants and buyers a sense of the property’s prior commercial utility and flexibility. Additional highlights include parking for approximately six vehicles, with two tandem spaces in front and approximately four to five side-by-side spaces toward the rear, plus a private courtyard between the buildings. Tenants pay their own electricity and gas, while the owner pays water, helping to keep operating expenses manageable. Conveniently located near restaurants, shops, businesses, public transportation, and major employment centers, this property presents an excellent opportunity for investors, owner-users, or developers seeking income potential and flexibility in a high-visibility Los Angeles location. Buyer to independently verify unit configuration, addresses, permitted uses, zoning, parking, utilities, expenses, and development potential.

Property Details

Location

Legal

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Provided By
Listed by Sandro Bononi (#F207016935)
Listing Office: LPT Realty, Inc (#SR0264500)