5353 W Pico Blvd is stationed on a highly visible strip in an ideal Mid-Wilshire location between S Burnside Ave & S Ridgeley Dr. Built in 1957, this investment opportunity is optimal for an owner-user or investor to acquire for a retail or office space surrounded by an abundance of shopping, restaurants, entertainment, and amenities in a central and premier Los Angeles neighborhood. Opportunity for redevelopment as the site totals8,061 SF zoned C4-1-O. Potential to build up to20 units by-right. (Buyer to verify development potential in due diligence.) The current site consists of a 4,080 square foot building on an 8,061 square foot lot and 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.
