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8600 West Pico Boulevard
Los Angeles, CA 90035

Price: $6,495,00 Zoning: LAC4
Bldg SF: 14,176 SF Price/SF: $458
Land SF:  11,175 SF TOC: Tier 3
Year Built:  1937/1950 Property Type: Retail
Click to View Offering MemorandumClick to Print Offering Memorandum

Exclusively Listed by:
Brandon Michaels
(818) 212-2794
bmichaels@marcusmillichap.com
License # 01434685

8600 West Pico Boulevard . Los Angeles, CA 90035
Price: $6,495,000
Bldg SF: 14,176 SF
Land SF: 11,175 SF
Year Built: 1935/1950
ProForma Cap Rate: 8.09%
Price/SF: $458
TOC: Tier 3
Property Type: Retail
Click to View Offering MemorandumClick to Print Offering Memorandum

Exclusively Listed by:
Brandon Michaels
(818) 212-2794
bmichaels@marcusmillichap.com
License # 01434685

Investment Highlights

  • IRREPLACEABLE WEST LOS ANGELES BEVERLY HILLS/CENTURY CITY LOCATION
    Located less than two miles from world famous Rodeo Drive of Beverly Hills and Century City, one of the most prominent business districts in Los Angeles.
  • WALKING DISTANCE TO A MULTITUDE OF AMENITIES
    Neighboring tenants include high-end restaurants such as Trattoria Natalie and Shiloh’s Steakhouse, the luxurious Mr. C Beverly Hills Hotel, Ralphs, Walgreens, CVS, and Office Depot.
  • AFFLUENT NEIGHBORHOOD
    The average household income is $125,572 within a one-mile radius.
  • HIGHLY TRAFFICKED STREET
    Pico Boulevard is one of the main thoroughfares that runs from the Pacific Ocean to Downtown Los Angeles. Hotels (both luxury and economy) line the blocks, as do a rich variety of restaurants and boutiques. Over 45,000 vehicles pass the subject property per day.
  • OWNER-USER OPPORTUNITY
    The building will be delivered vacant, creating a unique opportunity for an Owner-User Buyer to occupy a portion or the entire building.
  • UNIQUE SIGNAGE AND EXCELLENT VISIBILITY
    Large signage and 100 feet of frontage on heavily trafficked West Pico Boulevard.
  • SIGNIFICANT DEVELOPMENT IN THE IMMEDIATE AREA
    Thousands of new residential units and high-end commercial space coming online in the immediate and surrounding areas, creating significant growth potential.
  • CORNER LOCATION ZONED C4
    11,175 square feet of land well positioned within a Tier 3 Transit Oriented Community.