2271-2281 W Pico Blvd Local commercial 580 m² 100 % Loué À vendre Los Angeles, CA 90006 2 198 250 € (3 791,95 €/m²)

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 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.