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Image 1 - 5353 W Pico Blvd, Los Angeles, California, 90019 - Condo for sale

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W Pico Blvd, Los Angeles, Condo For Sale

5353 W Pico Blvd, Los Angeles, California, 90019

W Pico Blvd, Los Angeles, Condo For Sale

condo for sale

Listed: 08/25/24

5353 W Pico Blvd, Los Angeles, California, 90019

Studio Bed:

4,080 Sq Ft Living Area:

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Price

$ 2,9M

About This Condo

This highly visible corner lot located in the mist of the real estate development boom of Pico Blvd. An ideal investment opportunity for an owner-user, the property is presently being operated as a pre-school. The school currently uses the side lot as a playground but can be used as a parking lot. The current site consists of a4, 080square foot building on an8, 061square foot lot zoned C-4 for Strip Mall, Condos, Apartments. Buyer to verify all development opportunities and potential use in due diligence. Note: the school business is sold separately.

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Mid-City Housing & Living

Household Income

Median household income: $62,474

Number of households: 1,4M

The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.