New Listing4315 W Pico Boulevard,Los Angeles, CA 90019
Los Angeles, CA 90019
Description
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.
Details
| MLS # | SR26184380 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1949 |
| Days On Site | 3 |
| Listing Provided By | LPT Realty, Inc | Sandro Bononi |
Features
| SQ Feet | 4,938 |
|---|---|
| Story(s) | 2 |
| Units | 5 |
| Building(s) | 2 |
| Acreage | 0.15 |
Exterior
| Lot Features | Zero To One Unit Acre |
|---|
Parking
| Parking Features | Assigned, Driveway, Gated |
|---|---|
| Garage Yes / No | No |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Curbs, Street Lights |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90019 |
| Area | C16 Mid Los Angeles |
| Listing VS Median (in 90019) | |
Price: $1,800,000 low | high Med: $1,795,000 sqft: 4,938 low | high Med: 4,564 $ / sqft: $365 low | high Med: $393 On site: 3 low | high Med: 115 | |
Market Activity 90019
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90019 |
| Area | C16 Mid Los Angeles |
| Listing VS Median (in 90019) | |
Price: $1,800,000 low | high Med: $1,795,000 sqft: 4,938 low | high Med: 4,564 $ / sqft: $365 low | high Med: $393 On site: 3 low | high Med: 115 | |
 | $2,099,9001189 CrenshawLos Angeles, CA 90019 |
 | $1,200,0001291 Queen AnneLos Angeles, CA 90019 |