10608-10612 W Pico Blvd | Los Angeles, CA 90064

Written By Michael Monempour

SALE PRICE: $5,800,000

BUILDABLE UNIT: $116k  PRICE/SF: $529

TRANSACTION HIGHLIGHTS

  • RARE Double Lot consisting of 10,970 SF, Zoned LA C2 eligible for tier III of TOC

  • ENTITLEMENTS for mixed use - plans call for new 5-story, 50-unit apartment building with 5,900 SF of ground floor retail space and subterranean parking for 49 vehicles

  • AAA+ West LA location - just blocks away from the new Google campus

  • PROPERTY is sandwiched between Cheviot Hills, Westwood & Palms/Mar Vista

  • TWO PROPERTIES sold individual from different sellers - sold with a long entitlement escrow to accomodate sellers 1031 exchange and allowed buyer to avoid carrying costs to obtain entitlements and permits during escrow

  • BUYER represents by Michael Monempour

 
Free Property Valuation
Michael Monempour
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11010 W Pico Blvd | Los Angeles, CA 90064