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Gary Elminoufi
Gary Elminoufi
(310) 292-0332garyelmo@gmail.com
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    200 South Pacific Coast Highway
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    California Regional Multiple Listing Service

    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

    $1,650,000
    Sold

    2599 W PICO BOULEVARD

    Los Angeles, CA 90006
    0.16 acres | #22156713
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    Listing OfficeEquity Union
    Type:Purchase
    Structure:Land
    Zone:Residential

    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 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.

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    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

    Last Updated: Today at 1:08 PM. Source: CRMLS

    Provided By
    Listing Agent: Nicole Apostolos (#CLW-X95361)
    Listing Office: Equity Union (#CLW-X7252104)

    Provided By (Buyer)
    Buyer's Agent: Subscriber Non (#CLW-X99999)

    Gary ElminoufiReal Estate Group
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