10941-43 Pico Boulevard, Los Angeles, CA
Retail for Sale - $2,100,000 - 2,400 Sq. Ft. on 0.11 acres
Agent Info
| Richard Paley Paley Commercial Real Estate, Inc. |
Property Info
| CIMLS# | 1174328 |
| Location 10941-43 Pico Boulevard Los Angeles CA 90064 | |
| Updated | April 7th, 2025 |
| Type | Retail |
| Price | $2,100,000 |
| Building | 2,400 Sq. Ft. |
| Land | 0.11 acres |
Property Description
This sale offers a rare opportunity to purchase a versatile retail property on prime Pico Boulevard!!! Investor or Owner-User opportunity as one unit is vacant. Strong surrounding demographics. New Google Campus nearby!!
Financials
Unit # Tenant SqFt Rent Rent PSF Term
10941 Salon/Spa 800’ $3,191.00 $3.99 1/31/2026*
10941 ½ Rug 800’ $2,850.00 $3.56 5/31/2026*
10943 Vacant 800’ $3,200.00 $4.00 Vacant*
2,400’** $9,240.00
$9,240.00 monthly
$110,880.00 annually
Expenses:
Taxes @ $2.1mil $26,250.00
Insurance $1,570.00
Water $1,300.00
$29,120.00
Net Income: $81,760.00 @ 3.9% cap rate
Price: $2,100,000.00
