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Office: Urban Brokerage, Inc.
2719 Wilshire Boulevard; Suite 250
Santa Monica, CA 90403
Phone: (310) 586-1800
Fax: (310) 586-1810





Pico Street Retail Priced Under Market
1511 W. Pico Boulevard
Los Angeles, CA 90015
Lease at US$1/month
Status: Active
Property Type: Lease
Year Built: 1923
Living Area 27852 Sq. ft.
Lot Size: 12502  Square Ft.
Agent Office: Urban Brokerage, Inc. 2719 Wilshire Boulevard; Suite 250 Santa Monica, CA 90403 Phone: (310) 586-1800 Fax: (310) 586-1810

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Property Highlights

  • Walking Distance Staples Center
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  • 1,450 - 7,000sf Contiguous Available
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  • Superior Street Level Retail Frontage
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  • Major Downtown Corridor
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  • Priced Under Market
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    Property Description
    The Rose Building is located on the north side of Pico Boulevard only minutes walk from the Los Angeles Convention Center, Staples Center and LA Live. The market area rents are $1.50/sf and upward, however in order to create the right retail environment we are offering an initial rent rate of $1.00/sf/month modified. The frontage has mosaic tile in historic 1920s architecture and we can work with tenants on window frontage, signage and security if they so desire. The Pico Corridor has been CRA designated to improve movement into Downtown LA, therefore free grants or low income loans may be available, thus reducing overall Lessee cost. It's a great time to lease and we can offer 1,450 - 7,000 contiguous square feet.

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