5613 s san vicente blvd
PRICE
BUILDING SIZE
LOS ANGELES, CA 90019
$2,075,000
4,600 SF
LOT SIZE
5,003 SF
PRICE/SF (BLDG)
PRICE/SF (LAND)
CAP RATE
$451
$415
2.70%
The Brandon Michaels Group of Marcus & Millichap, as Exclusive Advisor, is pleased to present 5613 San Vicente Boulevard, a 4,600 SF three-unit storefront retail asset situated on 0.11 acres (5,003 SF) on the northeast corner of San Vicente Boulevard and Carmona Avenue in Los Angeles’ highly sought-after Miracle Mile submarket.
5613 San Vicente Boulevard is currently 100% occupied by a curated mix of local operators, including an artist studio, boutique clothing retailer, and a drama studio currently operated by ownership. At the close of escrow, ownership intends to execute a sale-leaseback, with flexibility to either remain in place or relocate within the building, providing optionality for a new owner.
Strategically positioned along San Vicente Boulevard, the property benefits from traffic counts exceeding 30,000 vehicles per day and immediate proximity to Wilshire Boulevard’s Miracle Mile corridor, located just 0.6 miles north.
The surrounding area is supported by dense, affluent residential neighborhoods including Beverly Grove, Fairfax, and Mid-Wilshire, as well as strong employment drivers such as Cedars-Sinai Medical Center and the Wilshire Corridor office market.