Listed By:
Neema Ahadian with Marcus & Millichap;
5353 W Pico Boulevard, Los Angeles, CA
$ 2,200,000
Property Attributes
  • MLS#21709474
  • TypeCommercial
  • CityLos Angeles
  • AreaBeverly Center-Miracle Mile
  • Zip90019
  • Style
  • Price$ 2,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4080
  • Lot Size8,063 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description

5353 W Pico Blvd is stationed on a highly visible strip in an ideal Mid-Wilshire location between S Burnside Ave & S Ridgeley Dr. Built in 1957, this investment opportunity is optimal for an owner-user or investor to acquire for a retail or office space surrounded by an abundance of shopping, restaurants, entertainment, and amenities in a central and premier Los Angeles neighborhood. Opportunity for redevelopment as the site totals8,061 SF zoned C4-1-O. Potential to build up to20 units by-right. (Buyer to verify development potential in due diligence.) The current site consists of a 4,080 square foot building on an 8,061 square foot lot and is presently being operated as a pre-school. The school currently uses the side lot as a playground but can be used as a parking lot.

Price History
4/25/2023 Listed $2,200,000

General Features

Additional Parcels Y/N No
Assoc Fees 0.0
Association Y/N No
Attached Garage No
Carport Y/N No
City Los Angeles
County Los Angeles
Days on Market 773
Directions Stationed on a highly visible strip in an ideal Mid-Wilshire location between S Burnside Ave & S Ridgely Dr
Garage Y/N No
Home Warranty Y/N No
Land Lease Y/N No
Lease Considered Y/N No
Lease Renewal Y/N No
Lot Size Square Feet 8061.0
MLS Area C19 - Beverly Center-Miracle Mile
Mobilehomeremainsyn No
New Construction No
Private Pool No
Property Attached Y/N No
Property Type CommercialSale
Rent Control Y/N No
Senior Community Y/N No
Special Listing Conditions Standard
Standard Status ActiveUnderContract
Status ActiveUnderContract
Street Name Pico
View Y/N No
Waterfront Y/N No
Year Built 1957
Zoning C4-1-O

Interior Features

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

Exterior Features

Building Area Total 4080.0
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No
Lot Size Acres 0.1851
Lot Size Area 8061.0
Lot Size Source Assessor
Lot Size Units SquareFeet
Open Parking Y/N No
Spa No
Total Parking 0.0


  • 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 90019

AVG $1.41M
AVG 60
Data Provided by Inside Real Estate®
Year Built
AVG 1974
AVG 85
Data Provided by Walkscore® not using MLS data