5615 Pico Blvd, Los Angeles, CA 90019
0.39 Acres of Commercial Land Offered at $5,995,000 USD in Los Angeles, CA 90019
For Sale
Active
Asking Price $5,995,000
- Property Type
-
Land
- Square Feet
- 16,988 SF
Listing Contacts
John Swartz
Jacqueline Carroll
Property Overview
This expansive ± 17,097 SF development site is zoned C4-1-O TOC Tier 2, permitting the construction of approximately 45 units by-right, or up to approximately 74 units with the utilization of the TOC density bonus. The site boasts ± 165 feet of frontage along W Pico Blvd. and currently includes a 4,077 square foot office building. The property does not contain any existing rental units, meaning the new development will not be subject to the Rent Stabilization Ordinance.
Property Details
- Property Subtype
- Commercial
Highlights
- Prime Mid-City Location
- No Replacement Issues
- No Rent Stabilization Ordinance
- Use TOC or Density Bonus to maximize density
- WalkScore of 91 (a walkers paradise)
All available spaces
- Space
- Lot 1
- Size
- 16,988 SF
- Price
- $5,995,000
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