5059 W Pico Blvd
Los Angeles, CA 90019

Floyd Shaheen of Marcus & Millichap has been selected to exclusively market for sale 5059 West Pico Boulevard, a 3,912 square foot single story brick building, ideally located at the Northwest corner of West Pico Boulevard and South Sycamore Avenue in the highly sought-after Mid-City corridor. This turn-key creative office space is ideally located to the East of Pico-Robertson and just South of LA’s iconic Miracle Mile. Mid-City is arguably one of the most sought-after submarket’s that is known for its historic untapped neighborhoods, which are thriving with creativity and commerce. This irreplaceable location just East of La Brea Avenue has seen an influx of dynamic and thriving small businesses achieve immense success in a neighborhood poised for continued growth. This pride of ownership has undergone extensive capital improvements to the interior and exterior and includes all of the amenities essential to running a thriving business. This is a rare opportunity to acquire a turn-key creative office building with the convenience of on-site secured parking in an area experiencing tremendous growth and development. 5059 West Pico Boulevard presents the opportunity to purchase in a truly locally-renowned location that is seeing explosive growth. High ceilings, multiple entry points to the building, and easy access to on-site parking combine to offer unlimited flexibility. The building is comprised mostly of recently renovated open air office and work space and includes a greeting area, conference room, offices, kitchen, restrooms, and sky lights. The rental market is on pace to experience significant growth and offers outstanding long-term returns for investors. There has been a significant amount of movement and turnover within this specific marketplace, creating an opportunity for new concepts to enter the market and position this submarket for the future.