4972 West Pico Blv

Off-Market

4972 West Pico Blvd, Los Angeles, CA 90019

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Retail - Strip/Convenience
  • Property Size 37,582 SF
  • Lot Size 0.75 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1986

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 12 Dec, 1994
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Los Angeles

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Los Angeles Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $51.71
  • 2022 Office Vacancy Rate 15.62%
  • 2022 Office Completions (SF) 1,443,212

Los Angeles Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2022 Avg. Price per SF $508.07
  • Y-o-Y Avg. PpSF Change 4.89%
  • 2022 Office Sales Volume $717.9M
  • 2022 Number of Transactions 16
View more Los Angeles market trends

Location

Getting Around

  • Walk Score ®

    90/100 Very Walkable
  • Transit Score ®

    61/100 Good Transit
  • Bike Score ®

    75/100 Very Bikeable
Powered by Walk Score ®
  • City Los Angeles, CA
  • Neighborhood Mid-City
  • Zip Code 90019
  • Market Los Angeles

Points of Interest

  • Farmdale

    1.63 miles

  • Expo/La Brea

    1.66 miles

  • Expo/Crenshaw

    1.83 miles

  • Farmer's Market

    1.92 miles

  • La Cienega/Jefferson

    2.11 miles

  • Wilshire/Western

    2.33 miles

  • Wilshire/Normandie

    2.73 miles

  • Culver City

    2.83 miles

  • Expo/Western

    2.92 miles

  • Wilshire/Vermont

    3.32 miles

  • Sinclair

    0.07 miles

  • United Oil

    0.10 miles

  • Shell

    0.63 miles

  • Arco

    0.70 miles

  • Valero

    0.85 miles

  • Arco

    1.02 miles

  • Chevron

    1.04 miles

  • Chevron

    1.18 miles

  • 76

    1.20 miles

  • Mobil

    1.21 miles

  • Metro Parking

    1.69 miles

  • Washington And Fairfax Park And Ride

    1.71 miles

  • Farmers Market

    1.92 miles

  • Metro Park and Ride

    2.11 miles

  • LADOT Larchmont Lot

    2.20 miles

  • Western Avenue Parking Garage

    2.32 miles

  • SP+

    2.79 miles

  • P

    2.80 miles

  • C Lot

    2.85 miles

  • Formosa Parking Lot

    2.86 miles

  • Lucy's

    0.06 miles

  • Canton Chef

    0.08 miles

  • Leo's Taco Truck

    0.08 miles

  • Taco Bell

    0.13 miles

  • Pizza Hut Express

    0.14 miles

  • Olive Garden

    0.22 miles

  • Yoshinoya

    0.27 miles

  • Burger King

    0.31 miles

  • Subway

    0.34 miles

  • KFC

    0.35 miles

  • Sprouts Farmers Market

    0.13 miles

  • Target

    0.17 miles

  • Western Kosher Pico

    0.24 miles

  • Ralphs

    0.34 miles

  • Ross

    0.55 miles

  • Goodwill - Miracle Mile Retail Store

    0.87 miles

  • Ralphs

    1.11 miles

  • Vons

    1.21 miles

  • Jay's Market

    1.25 miles

  • Target

    1.27 miles

Frequently Asked Questions

What is the total square footage of 4972 West Pico Blv?

4972 West Pico Blv totals 37,582 square feet.

When was this property built?

4972 West Pico Blv was built in 1986.

When was 4972 West Pico Blv last sold?

4972 West Pico Blv was last sold on 12 Dec, 1994.

What is the market value for 4972 West Pico Blv?

The market value* for 4972 West Pico Blv in 2023-2024 was $2,583,664.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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