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1504 Pico blvd
Los Angeles, CA 90015 Pico-Union

Rate Upon Request

Freestanding For Lease  •  1,470+ SF

Property Details

  • Property Type Freestanding
  • Year Built 1976
  • Total Building Size 10,995 SF
  • Building Class B
78 Transit Score
90 Walk Score

5 Spaces Available

Name Space Use Size Rent Details
1st Floor Ste 1512 Retail 1,470-1,511 SF Rate Upon Request
Occupied by J&F Liquor Store, currently on month-to-month lease.

  • Date available: Apr 2025
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet
1st Floor Ste 1516 (A) Retail 2,338 SF Rate Upon Request
Vacant space

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet
1st Floor Ste 1516 (B) Retail 2,338 SF Rate Upon Request
Vacant Space

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet
1st Floor Ste 1528 Retail 2,258 SF Rate Upon Request
Occupied by El Parian (Restaurant) on month-to-month lease.

  • Date available: Apr 2025
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: New
1st Floor Ste 1530 Retail 2,550 SF Rate Upon Request
Vacant Space

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet

Description

SOON-TO-BE-REMODELED RETAIL BUILDING ADJACENT TO DOWNTOWN LOS ANGELES. Situated next to a freestanding O'Reilly Autoparts Store, this 5-unit retail property is slated for a complete interior and exterior rehab. Two of the five units are currently occupied by month-to-month tenants. These tenants can be vacated, and the site could be repositioned as a single tenant building or subdivided into smaller shop spaces. Complemented by a rare onsite parking lot, the superbly located property fronts onto Pico Boulevard, just north of Downtown Los Angeles, a few short blocks from Crypto.com Arena, the LA Convention Center, and LA Live. The steadily gentrifying area ranks among LA's most densely populated regions and boasts rising household income demographics.

Retail Shopping Center at the signalized intersection of Pico Boulevard and Valencia Street, just north of Downtown Los Angeles. Prime location adjacent to Crypto.com Arena, the Los Angeles Convention Center, and LA Live, hugely popular destination sites drawing an enormous volume of consumer traffic. Also nearby are a plethora of trendy eateries, gourmet restaurants, and hip night spots, contributing to the steady flow of area visitors. Freeway close, the property offers convenient access to the adjacent 110 + 10 freeways.

Highlights

±10,955 SF Retail Building Pending Remodel
Seeking Single Tenant Users
Potential to Subdivide Into Small Shop Spaces
Adjacent to Downtown Los Angeles, Crypt.com Arena, the LA Convention Center + LA Live
A Rare Onsite Parking Lot (In the Rear)
Situated at the Signalized Intersection of Pico Boulevard + Valencia Street

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) 7 min - 3.3 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 9 min - 3.5 mi
Transit/SubwayDriveWalkDistance
Pico Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro), Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 18 min 0.9 mi
Westlake/Macarthur Park Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 1 min 20 min 1.0 mi
AirportDriveWalkDistance
Los Angeles International 23 min - 13.6 mi
Bob Hope 24 min - 14.2 mi
Long Beach (Daugherty Field) 30 min - 22.2 mi
Jason Ehrenpreis 310-231-5213 CBM1 Inc
Jason Ehrenpreis 310-231-5213 CBM1 Inc