diff --git a/app/component-library/components/Pickers/PickerBase/PickerBase.stories.tsx b/app/component-library/components/Pickers/PickerBase/PickerBase.stories.tsx
new file mode 100644
index 00000000000..e5a705d98dd
--- /dev/null
+++ b/app/component-library/components/Pickers/PickerBase/PickerBase.stories.tsx
@@ -0,0 +1,57 @@
+/* eslint-disable react/display-name */
+/* eslint-disable react-native/no-inline-styles */
+// External dependencies.
+import React from 'react';
+import { View, Text } from 'react-native';
+
+// Internal dependencies.
+import PickerBase from './PickerBase';
+import { IconSize } from '../../Icons/Icon';
+
+const PickerBaseMeta = {
+  title: 'Component Library / Pickers',
+  component: PickerBase,
+  argTypes: {
+    children: {
+      control: { type: 'text' },
+      defaultValue: 'Select an option',
+    },
+    iconSize: {
+      options: Object.values(IconSize),
+      control: { type: 'select' },
+      defaultValue: IconSize.Md,
+    },
+  },
+};
+
+export default PickerBaseMeta;
+
+export const Default = {
+  render: ({
+    children,
+    iconSize,
+  }: {
+    children: string;
+    iconSize: IconSize;
+  }) => (
+    <View style={{ alignItems: 'flex-start' }}>
+      <PickerBase onPress={() => null} iconSize={iconSize}>
+        <Text>{children}</Text>
+      </PickerBase>
+    </View>
+  ),
+};
+
+export const WithCustomStyles = {
+  render: () => (
+    <View style={{ alignItems: 'flex-start' }}>
+      <PickerBase
+        onPress={() => null}
+        style={{ width: 200 }}
+        dropdownIconStyle={{ marginLeft: 20 }}
+      >
+        <Text>Custom Styled Picker</Text>
+      </PickerBase>
+    </View>
+  ),
+};
diff --git a/app/component-library/components/Pickers/PickerBase/PickerBase.styles.ts b/app/component-library/components/Pickers/PickerBase/PickerBase.styles.ts
index 475e466e6b1..cad2a763c44 100644
--- a/app/component-library/components/Pickers/PickerBase/PickerBase.styles.ts
+++ b/app/component-library/components/Pickers/PickerBase/PickerBase.styles.ts
@@ -21,7 +21,8 @@ const styleSheet = (params: {
 }) => {
   const { vars, theme } = params;
   const { colors } = theme;
-  const { style } = vars;
+  const { style, dropdownIconStyle } = vars;
+
   return StyleSheet.create({
     base: Object.assign(
       {
@@ -35,9 +36,12 @@ const styleSheet = (params: {
       } as ViewStyle,
       style,
     ) as ViewStyle,
-    dropdownIcon: {
-      marginLeft: 16,
-    },
+    dropdownIcon: Object.assign(
+      {
+        marginLeft: 16,
+      } as ViewStyle,
+      dropdownIconStyle,
+    ),
   });
 };
 
diff --git a/app/component-library/components/Pickers/PickerBase/PickerBase.test.tsx b/app/component-library/components/Pickers/PickerBase/PickerBase.test.tsx
index 662319adb46..94ec1e73255 100644
--- a/app/component-library/components/Pickers/PickerBase/PickerBase.test.tsx
+++ b/app/component-library/components/Pickers/PickerBase/PickerBase.test.tsx
@@ -1,18 +1,78 @@
 // Third party dependencies.
 import React from 'react';
-import { View } from 'react-native';
-import { render } from '@testing-library/react-native';
+import { Text } from 'react-native';
+import { render, fireEvent } from '@testing-library/react-native';
 
 // Internal dependencies.
 import PickerBase from './PickerBase';
+import { IconName, IconSize } from '../../Icons/Icon';
 
 describe('PickerBase', () => {
   it('should render correctly', () => {
     const { toJSON } = render(
-      <PickerBase onPress={jest.fn}>
-        <View />
+      <PickerBase onPress={jest.fn()}>
+        <Text>Test Content</Text>
       </PickerBase>,
     );
     expect(toJSON()).toMatchSnapshot();
   });
+
+  it('should call onPress when pressed', () => {
+    const onPressMock = jest.fn();
+    const { getByText } = render(
+      <PickerBase onPress={onPressMock}>
+        <Text>Test Content</Text>
+      </PickerBase>,
+    );
+
+    fireEvent.press(getByText('Test Content'));
+    expect(onPressMock).toHaveBeenCalledTimes(1);
+  });
+
+  it('should render children correctly', () => {
+    const { getByText } = render(
+      <PickerBase onPress={jest.fn()}>
+        <Text>Child Component</Text>
+      </PickerBase>,
+    );
+
+    expect(getByText('Child Component')).toBeTruthy();
+  });
+
+  it('should render dropdown icon', () => {
+    const { UNSAFE_getByProps } = render(
+      <PickerBase onPress={jest.fn()}>
+        <Text>Test Content</Text>
+      </PickerBase>,
+    );
+
+    const icon = UNSAFE_getByProps({ name: IconName.ArrowDown });
+    expect(icon).toBeTruthy();
+  });
+
+  it('should apply custom icon size', () => {
+    const { UNSAFE_getByProps } = render(
+      <PickerBase onPress={jest.fn()} iconSize={IconSize.Lg}>
+        <Text>Test Content</Text>
+      </PickerBase>,
+    );
+
+    const icon = UNSAFE_getByProps({
+      name: IconName.ArrowDown,
+      size: IconSize.Lg,
+    });
+    expect(icon).toBeTruthy();
+  });
+
+  it('should apply custom dropdown icon style', () => {
+    const customStyle = { marginLeft: 20 };
+    const { UNSAFE_getByProps } = render(
+      <PickerBase onPress={jest.fn()} dropdownIconStyle={customStyle}>
+        <Text>Test Content</Text>
+      </PickerBase>,
+    );
+
+    const icon = UNSAFE_getByProps({ name: IconName.ArrowDown });
+    expect(icon.props.style).toEqual(expect.objectContaining(customStyle));
+  });
 });
diff --git a/app/component-library/components/Pickers/PickerBase/PickerBase.tsx b/app/component-library/components/Pickers/PickerBase/PickerBase.tsx
index 5488138d687..10d39f7be7e 100644
--- a/app/component-library/components/Pickers/PickerBase/PickerBase.tsx
+++ b/app/component-library/components/Pickers/PickerBase/PickerBase.tsx
@@ -15,15 +15,18 @@ import styleSheet from './PickerBase.styles';
 const PickerBase: React.ForwardRefRenderFunction<
   TouchableOpacity,
   PickerBaseProps
-> = ({ style, children, ...props }, ref) => {
-  const { styles, theme } = useStyles(styleSheet, { style });
+> = (
+  { iconSize = IconSize.Md, style, dropdownIconStyle, children, ...props },
+  ref,
+) => {
+  const { styles, theme } = useStyles(styleSheet, { style, dropdownIconStyle });
   const { colors } = theme;
 
   return (
     <TouchableOpacity style={styles.base} {...props} ref={ref}>
       {children}
       <Icon
-        size={IconSize.Md}
+        size={iconSize}
         color={colors.icon.default}
         name={IconName.ArrowDown}
         style={styles.dropdownIcon}
diff --git a/app/component-library/components/Pickers/PickerBase/PickerBase.types.ts b/app/component-library/components/Pickers/PickerBase/PickerBase.types.ts
index 97f263c4adb..65abdf96047 100644
--- a/app/component-library/components/Pickers/PickerBase/PickerBase.types.ts
+++ b/app/component-library/components/Pickers/PickerBase/PickerBase.types.ts
@@ -1,5 +1,6 @@
 // Third party dependencies.
-import { TouchableOpacityProps } from 'react-native';
+import { TouchableOpacityProps, ViewStyle } from 'react-native';
+import { IconSize } from '../../Icons/Icon';
 
 /**
  * PickerBase component props.
@@ -13,9 +14,20 @@ export interface PickerBaseProps extends TouchableOpacityProps {
    * Content to wrap in PickerBase.
    */
   children: React.ReactNode;
+  /**
+   * Icon size.
+   */
+  iconSize?: IconSize;
+  /**
+   * Dropdown icon styles.
+   */
+  dropdownIconStyle?: ViewStyle;
 }
 
 /**
  * Style sheet input parameters.
  */
-export type PickerBaseStyleSheetVars = Pick<PickerBaseProps, 'style'>;
+export type PickerBaseStyleSheetVars = Pick<
+  PickerBaseProps,
+  'style' | 'dropdownIconStyle'
+>;
diff --git a/app/component-library/components/Pickers/PickerBase/README.md b/app/component-library/components/Pickers/PickerBase/README.md
index 74ec00f6ba7..ea5b298becd 100644
--- a/app/component-library/components/Pickers/PickerBase/README.md
+++ b/app/component-library/components/Pickers/PickerBase/README.md
@@ -1,10 +1,10 @@
 # PickerBase
 
-PickerBase is a **wrapper** component used for providing a dropdown icon next to wrapped content.
+PickerBase is a **wrapper** component used for providing a dropdown icon next to wrapped content. It's designed to be a flexible base for various picker-style components.
 
 ## Props
 
-This component extends `TouchableOpacityProps` from React Native's [TouchableOpacityProps](https://reactnative.dev/docs/touchableOpacity) opacity.
+This component extends `TouchableOpacityProps` from React Native's [TouchableOpacity](https://reactnative.dev/docs/touchableopacity).
 
 ### `onPress`
 
@@ -22,11 +22,55 @@ Content to wrap in PickerBase.
 | :-------------------------------------------------- | :------------------------------------------------------ |
 | ReactNode                                           | Yes                                                     |
 
+### `iconSize`
+
+Size of the dropdown icon.
+
+| <span style="color:gray;font-size:14px">TYPE</span> | <span style="color:gray;font-size:14px">REQUIRED</span> | <span style="color:gray;font-size:14px">DEFAULT</span> |
+| :-------------------------------------------------- | :------------------------------------------------------ | :----------------------------------------------------- |
+| IconSize                                            | No                                                      | IconSize.Md                                            |
+
+### `dropdownIconStyle`
+
+Custom styles for the dropdown icon.
+
+| <span style="color:gray;font-size:14px">TYPE</span> | <span style="color:gray;font-size:14px">REQUIRED</span> |
+| :-------------------------------------------------- | :------------------------------------------------------ |
+| ViewStyle                                           | No                                                      |
+
+### `style`
+
+Custom styles for the main container.
+
+| <span style="color:gray;font-size:14px">TYPE</span> | <span style="color:gray;font-size:14px">REQUIRED</span> |
+| :-------------------------------------------------- | :------------------------------------------------------ |
+| ViewStyle                                           | No                                                      |
+
+## Usage
+
 ```javascript
-// Replace import with relative path.
+import React from 'react';
+import { Text } from 'react-native';
 import PickerBase from 'app/component-library/components/Pickers/PickerBase';
+import { IconSize } from 'app/component-library/components/Icons/Icon';
+
+const ExampleComponent = () => (
+  <PickerBase 
+    onPress={() => console.log('Picker pressed')}
+    iconSize={IconSize.Lg}
+    dropdownIconStyle={{ marginLeft: 20 }}
+    style={{ backgroundColor: 'lightgray' }}
+  >
+    <Text>Select an option</Text>
+  </PickerBase>
+);
 
-<PickerBase onPress={ONPRESS_CALLBACK}>
-  <SampleContent />
-</PickerBase>;
+export default ExampleComponent;
 ```
+
+## Notes
+
+- The component uses a `TouchableOpacity` as its base, providing press feedback.
+- It automatically includes a dropdown icon (ArrowDown) to the right of the content.
+- The component is designed to be flexible and can be customized using the `style` and `dropdownIconStyle` props.
+- The dropdown icon color is determined by the theme's `colors.icon.default`.
\ No newline at end of file
diff --git a/app/component-library/components/Pickers/PickerBase/__snapshots__/PickerBase.test.tsx.snap b/app/component-library/components/Pickers/PickerBase/__snapshots__/PickerBase.test.tsx.snap
index f93ccf2a438..21db5a5774a 100644
--- a/app/component-library/components/Pickers/PickerBase/__snapshots__/PickerBase.test.tsx.snap
+++ b/app/component-library/components/Pickers/PickerBase/__snapshots__/PickerBase.test.tsx.snap
@@ -2,7 +2,7 @@
 
 exports[`PickerBase should render correctly 1`] = `
 <TouchableOpacity
-  onPress={[Function]}
+  onPress={[MockFunction]}
   style={
     {
       "alignItems": "center",
@@ -15,7 +15,9 @@ exports[`PickerBase should render correctly 1`] = `
     }
   }
 >
-  <View />
+  <Text>
+    Test Content
+  </Text>
   <SvgMock
     color="#141618"
     height={20}