2271 W Pico Boulevard, Los Angeles, CA 90006

  • $2,500,000
2271 W Pico Boulevard
CommercialSale Active
2271 W Pico Boulevard, Los Angeles, CA 90006
2271 W Pico Boulevard
  • $2,500,000

Overview

Property ID: HZPW25085341
  • Retail
  • Property Type
  • 1922
  • Year Built

Description

INVESTOR’S DREAM ON PICO BLVD, FULLY LEASED RETAIL STRIP WITH STRONG RETURNS, 2271–2281 W PICO BLVD, LOS ANGELES, CA 90006.

THIS IS A RARE OPPORTUNITY TO ACQUIRE A 100% LEASED, HIGH-PERFORMING RETAIL CENTER IN THE HEART OF ONE OF LOS ANGELES’ BUSIEST COMMERCIAL CORRIDORS. WITH RENTAL INCOME AND 3% ANNUAL INCREASES, THIS ASSET DELIVERS A STRONG CAP RATE OF OVER 6%, BACKED BY LONG-TERM, STABLE TENANTS AND ZERO VACANCY. THE PROPERTY CONSISTS OF SIX STREET-FACING RETAIL UNITS, ANCHORED BY A WELL-KNOWN PERUVIAN ROTISSERIE CHICKEN RESTAURANT THAT DRAWS CONSISTENT FOOT TRAFFIC. ADDITIONAL TENANTS INCLUDE A BICYCLE SHOP, NAIL SALON, ICE CREAM SHOP, BOUTIQUE FASHION STORE, OPTICAL SHOP, AND A DOLLAR STORE. ALL TENANTS TO ARE ON MODIFIED GROSS LEASES, COVERING THEIR OWN UTILITIES AND MAINTENANCE, WHICH ENSURES MINIMAL LANDLORD RESPONSIBILITIES AND MAXIMUM NET INCOME. SITUATED ON HIGH-VISIBILITY PICO BLVD, THE PROPERTY BENEFITS FROM STRONG VEHICLE AND PEDESTRIAN TRAFFIC DAILY. THE ROOF WAS REPAIRED IN 2024, ADDING FURTHER VALUE AND REDUCING NEAR-TERM CAPITAL NEEDS. THIS IS A TURNKEY, INCOME-PRODUCING INVESTMENT WITH BUILT-IN RENTAL GROWTH, IDEAL FOR INVESTORS SEEKING RELIABLE CASH FLOW, LONG-TERM APPRECIATION, OR A SOLID 1031 EXCHANGE REPLACEMENT. A STRATEGIC ADDITION TO ANY PORTFOLIO. PLEASE DO NOT DISTURB TENANTS. DRIVE BY ONLY.

  • Address Pico
  • City Los Angeles
  • State/county Los Angeles
  • Zip/Postal Code 90006

Details

Updated on February 13, 2026 at 4:08 pm
  • Property ID: HZPW25085341
  • Price: $2,500,000
  • Year Built: 1922
  • Property Type: Retail
  • Property Status: CommercialSale
  • Listed by: Lena Byun
  • DRE #: 01827068
  • Contact Phone: 213-760-0044
  • Contact Mail: lenabyun@newstarrealty.com
  • Brokered by: New Star Realty & Investment

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