Search Units at 791 E Pico Blvd
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FASHION DISTRICT RETAIL/FLEX PROPERTY
For Sale 791 E Pico Blvd$3,900,000 15,325 SF $254/SFSale Type : Standard # of Units : 9 CAM : n/a CAP : 6.9%This property is located on Pico Blvd between Stanford St & San Pedro St in a world of its own, the DTLA Fashion District. This area is ideal for all things fashion and especially ideal for showroom, warehousing, and distribution uses. Artists, photographers, film/video production companies, content creators, tattoo studio, beauty related businesses, and more also find spaces like these in demand. Tom N Toms Coffee is also around the corner. These spaces feature windowed frontage with tons of NATURAL LIGHT along with with metal roll-up doors, high ceilings, CENTRAL HVAC’s, private bathrooms, and more. There’s metered street parking along with underground parking next door for a monthly fee. Plenty of other parking options nearby as well. Commercial real estate has been in a bear market since 2020 and inflation has increased by around 40% since then. For sale commercial property, price per square foot wise, is near, if not at, historic lows- in both real and in nominal terms. You never buy at all time highs, but you do buy at historic lows! Come buy this unique building in this creative ecosystem, because the area has huge potential for creatives and general commercial uses. This is an excellent long hold acquisition to increase the diversity of your investment portfolio and as a hedge against inflation. Motivated seller. TEXT 213-304-4727 [envira-gallery id="37607"]










