Detail

Updated on April 18, 2025 at 7:22 pm

  • Land Area: 11,544 sq ft
  • Property Size: 8,235 sq ft
  • Price: $6,000,000
  • Year Built: 1948

Description

 Prime value-add or repositioning opportunity!
9 retail stores
7 occupied units and 2 vacant units
Heavy traffic corner location: 41,263 vehicles per day
Includes rear parking lot for 10+ vehicles off the alley
Southeast corner of Pico Blvd and Stearns Dr
Located between Fairfax Ave and La Cienega Blvd
One mile north of the Santa Monica (I-10) Freeway
Billboard pays $390 per month (no lease)
Monthly water bill is $700± per month (CAM charge)
• Monthly electric bill is $200± per month (CAM charge)
Oil rights not included in the sale

Property Documents

  • Marketing Package for 5990½-5998 W Pico Blvd
  • Address: 5990 1/2 W Pico Blvd
  • City: Los Angeles
  • State/county: CA
  • Zip/Postal Code: 90035
  • Country: United States

Video

Contact info

Jeff Luster
Jeff Luster
213.747.4152213.804.3013

Inquire about this property

Similar Properties

Featured
For LeaseRestaurant
$3.50/sq ft
For LeaseRestaurant

Retail, Restaurant, or Office Across From LA LIVE

901 W Olympic Blvd, Los Angeles, CA 90015, USA

sq ft: 5,797

Commercial, Office, Retail

Samuel P. Luster

1 month ago

$3.50/sq ft

sq ft: 5,797

Commercial, Office, Retail

1 month ago

For Lease
$1.15/sq ft
For Lease

DTLA South Park Office & Retail

1060 S Olive St, Los Angeles, CA 90015, USA

sq ft: 18,914

Commercial, Office, Retail

$1.15/sq ft

sq ft: 18,914

Commercial, Office, Retail

Featured
For SaleDevelopment SiteReduced!
$7,250,000
For SaleDevelopment SiteReduced!

DTLA Development Site: 7th & San Pedro Corner

611 E 7th St, Los Angeles, CA 90021, USA

sq ft: 35,816

Commercial, Industrial, Land

Rene Mexia , Bradley A. Luster

3 months ago

$7,250,000

sq ft: 35,816

Commercial, Industrial, Land

3 months ago

For Lease
$0.69$2.22/sq ft
For Lease

4 DTLA Fashion District Units

1024 Maple Ave, Los Angeles, CA 90015, USA

sq ft: 15,300

Commercial, Industrial, Office, Retail, Warehouse

Sion Khakshour

2 months ago

$0.69$2.22/sq ft

sq ft: 15,300

Commercial, Industrial, Office, Retail, Warehouse

2 months ago

Featured
For SaleDevelopment Potential
$5,499,999
For SaleDevelopment Potential

West Los Angeles Multi-Use Opportunity

10344 W Olympic Blvd, Los Angeles, CA 90064, USA

sq ft: 2,450

Commercial, Office, Retail, Special Purpose

$5,499,999

sq ft: 2,450

Commercial, Office, Retail, Special Purpose