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24945730
24945741

10931 W Pico Blvd, Los Angeles, CA 90064

NB
CA CA 01481673, CA 01481673
Coldwell Banker Realty Commercial
Listed by Coldwell Banker Realty Commercial
$2,950,000
109 days on market
Updated 21 days ago

10931 W Pico Blvd

Details
APN 4322-009-020
Property Type Retail
Sub Type Storefront
Square Footage 6,000
Net Rentable (SqFt) 6,000
Cap Rate 4.27%
NOI $158,170
Tenancy Vacant
Lease Type NNN
Pro-Forma Cap Rate 5.23%
Pro-Forma NOI $193,400
Class C
Year Built 1948
Buildings 1
Stories 1
Zoning C2
Parking Spaces 1 per 1,000 sq ft
Investment Type Value Add

Flagship ±6,000 SF Retail | Heart of West LA | Steps from UCLA Research Hub

Marketing description

Strategically located along one of West LA’s most heavily trafficked corridors, this ±6,000 SF multi-tenant retail building boasts floor-to-ceiling storefront windows and excellent street visibility with over 49,000 vehicles passing daily. The property is positioned just 300 feet from the forthcoming UCLA Research Center, slated to open in Fall 2026, placing it at the heart of a dynamic and rapidly evolving medical and tech corridor.

The surrounding neighborhood is undergoing a significant demographic and economic transition, driven by UCLA’s expanding footprint and the growing presence of West LA’s Silicon Beach tech ecosystem. This creates a rare opportunity for an investor to reimagine and reposition the asset to attract premium tenants catering to the next generation of professionals, researchers, and innovators.

With its clean architectural lines, prominent frontage, and close proximity to transformative institutional investment, 10931 W Pico Blvd offers a blank canvas with strong upside potential in one of LA’s most desirable and future-forward submarkets.

Investment highlights

  • ±6,000 SF Multi-Tenant Retail Building

  • Floor-to-Ceiling Storefront Windows

  • Over 49,000 CPD on Pico Blvd

  • 300 Feet from UCLA Research Center (Opening Fall 2026)

  • Prime West LA Location Near Century City, Sawtelle, and Culver City

  • Strong Demographic Shift Driven by Medical and Tech Industry Growth

  • Ideal for Value-Add Investors or Owner-Users

Listing Contacts

NB
CA CA 01481673, CA 01481673
Coldwell Banker Realty Commercial
Listed by Coldwell Banker Realty Commercial

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$158,170.00
$13,180.83/mo

Valuation Metrics

0
DSCR
5.36%
Cap Rate
5.36%
ROI

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Additional Information

Name
Nicholas Borrelli
License
CA 01481673
Brokerage
Coldwell Banker Realty Commercial
Brokerage Phone
6264847975
Brokerage Address
15 East Foothill Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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