WESTMAC Commercial Brokerage Company has arranged the sale of 11821 W. Pico Boulevard in West Los Angeles for $3,150,000, or $700 per square foot.
11821 W. Pico Boulevard is approximately 4,500 square feet of retail/office/flex situated on approximately 5,500 square feet of land. Built in 1956, the building consists of a single-story and offers one ground-level loading door, rooftop income-producing billboard, up to six parking spaces, and excellent visibility along Pico Boulevard, a major Los Angeles thoroughfare that runs from the Pacific Ocean to Downtown Los Angeles.
The building was 100% vacant at the time of sale.
“West Los Angeles is a highly desirable area for commerce,” said Brian R. Hart. “A great fit for the buyer who purchased the building as an owner-user.”
Brian R. Hart and T.C. Macker, CCIM of WESTMAC Commercial Brokerage Company represented the Seller. Adam Zarnegin of Scale Partners RE represented the Buyer.