408 N Pico ave
Property Overview
HIGH-VISIBILITY CORNER — RESIDENTIAL DUPLEX + COMMERICIAL OFFICE with MAJOR RE-DEVELOPMENT POTENTIAL. Own the entire corner. This property offers a rare chance for an owner-occupant seeking an income-producing property or an investor ready to capitalize on the site’s serious redevelopment upside. This package includes three contiguous lots, totaling 10,653 sq ft and zoned FB-V2—a mixed-use designation allowing both commercial and residential development. The property sits at a signalized hard corner, commanding maximum visibility and frontage. Currently, the property consists of a residential duplex and a commercial office building, all with clean interiors & dependable tenants offering great stability. The major upside is in the right development strategy. This already income-producing property then becomes an income-producing POWERHOUSE. The caliber of exposure, zoning versatility, and proven income stream is nearly impossible to replicate at this price point.
Home Details
- Property type
- CommercialSale - MixedUse
- Year built
- 1953
- Lot size
- 10,653 sq ft
- Stories
- 1
- Days on market
- 1
- MLS status
- Active
Features & Amenities
Lot
- Corner Lot
- Value In Land
Location & Neighborhood
Frequently Asked Questions About 408 N Pico ave
Property type: Commercial Sale
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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