9
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$1,500,000
Est. payment /mo
5,410 Sqft Lot
Pending
10501 W Pico BLVD Los Angeles, CA 90064
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Pending
Purchase Type For Sale
MLS Listing ID SR25138297
HOA Y/N No
Year Built 1965
Lot Size 5,410 Sqft
Property Sub-Type Retail
Property Description
The subject property located at 10501 W. Pico Blvd., Los Angeles, CA 90064, is a single-tenant Kentucky Fried Chicken currently leased to a franchisee and situated in the vibrant West Los Angeles neighborhood. The property lies along Pico Boulevard, a major thoroughfare known for its mix of commercial establishments, dining options, and proximity to residential areas. The property is positioned in a bustling corridor of the city, benefiting from high visibility and significant foot and vehicle traffic, making it an attractive location for businesses catering to both local residents and visitors.
Originally built in 1965 and renovated in 1990, the total building square footage as per city records consists of 1,276± sq. ft., situated on a 5,411± sq. ft. lot, zoned LAC2, and offers (11) total parking spaces.
This property is currently under an absolute NNN lease with Kazi Foods, Inc., operating as KFC. The original 10-year term has 8 years remaining. The current monthly rent is $5,500, and the next rental increase of approximately $500 is scheduled for November 2025, with additional increases occurring every 2 years.
Located in the Cheviot Hills/Rancho Park area of West Los Angeles, this region is part of the broader Westside of Los Angeles, known for its affluent residential neighborhoods, proximity to commercial hubs, and access to major amenities. The community surrounding this address blends suburban charm with urban convenience, making it a desirable area for families, professionals, and retirees alike.
Characterized by tree-lined streets, well-maintained single-family homes, and a mix of mid-century and modern architectural styles. The area around 10501 W Pico Blvd is near the intersection of Pico Boulevard and Overland Avenue, a bustling corridor that serves as a commercial spine for the community.
Pico Boulevard serves as a commercial artery, hosting a mix of national chains (e.g., KFC, Trader Joe's nearby) and local businesses. The corridor supports a steady flow of consumer spending, particularly in retail, dining, and services. The redevelopment of the Westside Pavilion into a Google campus (approximately 1 mile east) has further stimulated economic growth, attracting tech workers and increasing property values.
Originally built in 1965 and renovated in 1990, the total building square footage as per city records consists of 1,276± sq. ft., situated on a 5,411± sq. ft. lot, zoned LAC2, and offers (11) total parking spaces.
This property is currently under an absolute NNN lease with Kazi Foods, Inc., operating as KFC. The original 10-year term has 8 years remaining. The current monthly rent is $5,500, and the next rental increase of approximately $500 is scheduled for November 2025, with additional increases occurring every 2 years.
Located in the Cheviot Hills/Rancho Park area of West Los Angeles, this region is part of the broader Westside of Los Angeles, known for its affluent residential neighborhoods, proximity to commercial hubs, and access to major amenities. The community surrounding this address blends suburban charm with urban convenience, making it a desirable area for families, professionals, and retirees alike.
Characterized by tree-lined streets, well-maintained single-family homes, and a mix of mid-century and modern architectural styles. The area around 10501 W Pico Blvd is near the intersection of Pico Boulevard and Overland Avenue, a bustling corridor that serves as a commercial spine for the community.
Pico Boulevard serves as a commercial artery, hosting a mix of national chains (e.g., KFC, Trader Joe's nearby) and local businesses. The corridor supports a steady flow of consumer spending, particularly in retail, dining, and services. The redevelopment of the Westside Pavilion into a Google campus (approximately 1 mile east) has further stimulated economic growth, attracting tech workers and increasing property values.
Location
State CA
County Los Angeles
Area C05 - Westwood - Century City
Interior
Fireplace No
Laundry None
Exterior
Total Parking Spaces 11
Building
Lot Description Rectangular Lot
Story 1
Water Public
Others
Tax ID 4315005013
Acceptable Financing Cash, Cash to New Loan, Conventional, Contract
Listing Terms Cash, Cash to New Loan, Conventional, Contract
Special Listing Condition Standard
Listed by Raymond Rodriguez Equity Union 818-581-5829