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$3,999,000
11 Days On Site

4605 W Pico
Los Angeles, CA 90019

For Sale|Retail|Active
0
Beds
0
Total Baths
3,120
SqFt
$1,282
/SqFt
1995
Built
County:
Los Angeles
Listed by Armine Daghbashyan of Coldwell Banker Hallmark Realty [email protected]
4605 W Pico4605 W Pico4605 W Pico4605 W Pico
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Monthly Payment (Est.)

$18,245
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We are happy to present a wonderful opportunity in Mid-Wilshire Miracle Mile area in Los Angeles. This property consists of three contiguous parcels located at 4605, 4615, and 4619 West Pico Boulevard in Los Angeles, California, which have been legally tied together to create one unified site. The property offers approximately 2,400 square feet of building space on a lot of about 16,254 square feet (buyer to verify) and is zoned C4, providing flexibility for a variety of automotive, service, or potential redevelopment uses. There are a total of twelve on-site parking spaces, including three ADA-compliant handicap spaces, and the site benefits from excellent street frontage and visibility along the highly traveled Pico Boulevard corridor in the Miracle Mile / Mid-Wilshire area. The property is currently operated as an automotive repair and body shop under the name United Auto Experts, which has been in continuous operation for over six years and has an established online presence with Yelp and Google business pages, as well as a dedicated website at linktr.ee/UnitedAutoExperts. Specialized tools and spray booth equipment are included under an equipment lease of $8,000 per month on a five-year term, of which approximately one and a half years have already been paid. The lease will need to be transferred to the new owner, and the seller can provide the lease and option-to-purchase contracts. Approximately $400,000 has been invested in recent remodeling and facility upgrades, reducing the need for immediate capital improvements. About $31,000 remains to complete the legalization of the spray booth, with most of the required city fees already paid (buyer to verify). Property taxes are approximately $44,000 per year, and the combined business and property insurance costs are about $1,300 per month. This is a rare opportunity to acquire a high-visibility automotive property in a dense, high-traffic Los Angeles location. The site is ideal for an owner-user looking to take over an established, fully operational business or for an investor seeking value-add potential through repositioning, expansion, or future redevelopment.

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Listing Snapshot
Price 
$3,999,000
Days On Site 
11 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,120 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2462 Acres
Year Built 
1995
MLS® Number 
SR25245234
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 weeks agoListing first seen on site
2 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.2462
Number Of Stories 
1
Property Sub Type 
Retail
Special Circumstances 
Standard
SqFt Total 
3120
Water Source 
Public
Interior Features
Heating 
Central
Laundry Features 
None
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Community Features
MLS Area 
CO - Los Angeles (County)


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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