Listed By:
Oron Maher with Maher Commercial Realty;
Address
3433 E Pico Boulevard, Los Angeles, CA
Price
$ 2,100,000
Property Attributes
  • MLS#23334855
  • TypeCommercial
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaBoyle Heights
  • Zip90023
  • Style
  • Price$ 2,100,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6400
  • Lot Size0.194 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description

We are pleased to present this rare opportunity to purchase a renovated manufacturing/warehouse building near Downtown Los Angeles at only $328/SF. Situated in a designated Qualified Opportunity Zone with great tax benefits. This refurbished building includes a new roof, fresh paint and updated electrical. The interior offers polished concrete flooring, 17' ceiling height, 800 AMP power service and one dock high loading door. Excellent visibility with 80' frontage on Pico Blvd. and 106' frontage on Velasco Street. Great location a the northwest corner of Pico Blvd. and Velasco Street just one block south of Olympic Blvd. and one block east of Lorena Street. Minutes from Downtown Los Angeles and a half mile south of the Golden State Freeway (I-5).

Price History
11/28/2023 Listed $2,400,000
1/19/2024 13% - $2,100,000

General Features

Zoning LAM2-2
HOA 0.0
Year Built 1953
County Los Angeles
New Construction No
Property Type CommercialSale
HOA / Comm Assn No
Attached Garage No
Garage Y/N No
Special Listing Conditions Standard
Status Active
Directions West on Olympic Blvd,South on Velasco Street
City Los Angeles
View Y/N No
Senior Community Y/N No
NumberOfUnitsTotal 1
MLS Area BOYH - Boyle Heights
Lot Size Units SquareFeet
Lot Size Square Feet 8450.0
Private Pool No
Waterfront Y/N No
Carport Y/N No
Property Attached Y/N No
Land Lease Y/N No
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 53
Standard Status Active
MobileHomeRemainsYN No

Interior Features

Total Stories 1
Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No
Electric On Property Y/N No

Exterior Features

Lot Features CornerLot
Total Parking 8.0
Lot Size Area 8450.0
Number of Buildings 1
Spa No
Building Area Total 6400.0
Lot Size Acres 0.194
Lot Size Source Other
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 90023

Price
AVG $1.51M
$2.1M
Visits
AVG 168
252
Data Provided by Inside Real Estate®
Year Built
AVG 1945
1953

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