3132 E Pico Blvd
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3132 E Pico Blvd
10,008 SF Industrial Building Los Angeles, CA 90023 $2,800,000 ($280/SF)
Investment Highlights
- 10,000-Square-Foot Industrial Property Situated on 0.33 Acres of Land
- Renovated in 2024 with New HVAC, Three-Phase Power, and 1,500 SF of Brand New Office
- Features Bow Truss Ceiling with 13’-18’ Clear-Height, One (1) Dock High Loading Door and One (1) Ground-Level Door
- Owner-User or Investor Lease Up Opportunity
Executive Summary
Marcus & Millichap is pleased to present the opportunity to acquire the property located at 3132 E Pico Boulevard in Los Angeles, California. The subject property consists of approximately 10,000 square feet of industrial warehouse space and is situated on 0.33 acres of land. This single-tenant asset features reinforced concrete construction, a bow truss ceiling with a clear height of 13’-18’, along with one (1) dock high loading door, one (1) ground-level door, and a brand new HVAC and three-phase power. With a secure and fended yard with ample parking, the vacant property can easily accommodate an owner-user with a high-traffic business. Located less than 5 miles from Downtown Los Angeles, the property has direct proximity to major thoroughfares including Interstate 5 and 10. For sale as vacant, the property is ideal for owner use or as a lease-up investment opportunity
Property Facts
| Price | $2,800,000 | No. Stories | 1 |
| Price Per SF | $280 | Year Built | 1954 |
| Sale Type | Investment or Owner User | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.7/1,000 SF |
| Property Subtype | Distribution | Clear Ceiling Height | 18 FT |
| Building Class | C | No. Dock-High Doors/Loading | 1 |
| Lot Size | 0.33 AC | No. Drive In / Grade-Level Doors | 1 |
| Rentable Building Area | 10,008 SF | Opportunity Zone |
Yes
|
| Price | $2,800,000 |
| Price Per SF | $280 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | C |
| Lot Size | 0.33 AC |
| Rentable Building Area | 10,008 SF |
| No. Stories | 1 |
| Year Built | 1954 |
| Tenancy | Single |
| Parking Ratio | 1.7/1,000 SF |
| Clear Ceiling Height | 18 FT |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
Amenities
- 24 Hour Access
- Fenced Lot
- Skylights
Utilities
- Lighting
- Water
- Sewer
- Heating
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PROPERTY TAXES
| Parcel Number | 5169-003-011 | Improvements Assessment | $1,148,326 |
| Land Assessment | $1,722,491 | Total Assessment | $2,870,817 |
PROPERTY TAXES
Parcel Number
5169-003-011
Land Assessment
$1,722,491
Improvements Assessment
$1,148,326
Total Assessment
$2,870,817
zoning
| Zoning Code | M3-1 |
| M3-1 |
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Christian Desnoes -
Andrew Defendis -
Marcus & Millichap
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3132 E Pico Blvd
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