Property in Unknown, XX
Price
$4,199,000
Price/Sq Ft
$4.00
Description
Tony's Meat Market This sale includes 2 properties, a retail store at 2596 W. Pico and a 2-unit apartment at the subject address. The properties are fully leased but can be available for an owner-user. Price and terms are negotiable.
Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.
Market Context
This retail in Los Angeles, CA is listed for sale at $4,199,000. It has been on the market for 147 days.
As of Q3 2023, the Greater Los Angeles retail market showed rents up 0.5% year over year, and cap rates around 5.0%. Source: multiple brokerages Q3 2023 market report.
Projected current pricing
low confidenceModeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q4 2025 www matthews com data (cap rate 7.2%, asking rent trend-adjusted to today).
Compare it against other retail listings for sale in Los Angeles, CA to benchmark pricing and space — view the full market.
Retail market FAQ
- What is the typical cap rate for retail in Greater Los Angeles?
- About 5.0% as of Q3 2023, per multiple brokerages.
Unified Estimate
Medium ConfidenceRate-first confidence-weighted blend with cost-of-business adjustment.
Sale Price History
2000 – 2025 · county sold comps + market trendsFIPS 06037
- Median $/SF (sold)
Investment Analysis
Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.
Financing Assumptions
Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.
Market Employment Trend
December 2025 • Source: BLS QCEW
Economic Indicators
Source: FRED
Market Demographics
Census ACS 20242024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau
Sold Comps
Q1 2026Sold median $665/SF is 1536.3% above asking avg $41/SF
Source: los_angeles_assessor · County FIPS: 06037
Assumptions
- Interest rate: 6.47% (FRED live)
- Loan term: 25 years
- Down payment: 25.0%
- Market comparison: retail in Los Angeles, CA
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Documents
Contact Broker
Derrick Moore
Shiho Takei Moore
Diandra Dillon
Listed by
CBRE System Import