2
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$5,200,000
Est. payment /mo
0.62 Acres Lot
New
2771 W Pico BLVD Los Angeles, CA 90006
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UPDATED:
02/28/2025 01:59 PM
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW25041701
HOA Y/N No
Year Built 1948
Lot Size 0.624 Acres
Property Sub-Type Business
Property Description
Investors and developers we are happy to present an incredible opportunity to acquire
approximately .62 acres in a Downtown LA area experiencing rapid development
and revitalization. These parcels are Located within an Opportunity Zone, providing
additional advantages to the development project. These four contiguous parcels are
on the prime signalized intersection of Pico and Normandie. Pico and Normandie are
both high traffic streets (both pedestrian and automobile) with access to the site on
both Pico and Normandie. Public transportation is literally steps away to Access
Downtown Los Angeles: home of LA Live, Crypto Arena and the convention
center. China Town, Pico Union, Korea town and the USC Campus are literally
minutes away. Close proximity to the 10 and 110 freeways add value to this collection of parcels.
approximately .62 acres in a Downtown LA area experiencing rapid development
and revitalization. These parcels are Located within an Opportunity Zone, providing
additional advantages to the development project. These four contiguous parcels are
on the prime signalized intersection of Pico and Normandie. Pico and Normandie are
both high traffic streets (both pedestrian and automobile) with access to the site on
both Pico and Normandie. Public transportation is literally steps away to Access
Downtown Los Angeles: home of LA Live, Crypto Arena and the convention
center. China Town, Pico Union, Korea town and the USC Campus are literally
minutes away. Close proximity to the 10 and 110 freeways add value to this collection of parcels.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Interior
Fireplace No
Laundry None
Exterior
Present Use Commercial
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Tax ID 5078035015
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard, Trust
Listed by Jeff Worthy • Worthy Properties • jsworthy@hotmail.com
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