2709 W Pico Boulevard

Los Angeles, CA 90006

  • 0 Bed(s)
  • 0 Bath(s)
  • 35,982 Sqft
  • 14259
    Sqft(Lot)
$5,500,000

Description

Seller financing available at 4% io with 40% down! 2709 pico blvd is a 43-unit mixed use building located in the pico union neighborhood. this massive 35,982 sqft building is offered at only $128k/unit and $153/sqft. the property is currently operating at a 6.73% cap and 8.36 grm. there is still over 39% upside available once the property is stabilized. the property is separately metered for gas and electric. the building is comprised of (36) apartment units and (7) commercial spaces - it is broken down in to (4) 1bed+1bath, (32) studio+1bath, (2) restaurants, (2) retail, (1) discount store, (1) salon and (1) upholstery store. there are (4) studio/1-bath units that are currently vacant, offering immediate upside in rental income. 1262 fedora st is conveniently located just minutes from downtown los angeles, with easy access to the 10 and 110 freeways. there are many shops, restaurants and amenities nearby, making this an ideal location for renters.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49485850

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

  • Building Information

    • Year Built: 1924
    • Building Area Total: 35,982

    Pool Features

    • None

    Laundry Features

    • None

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.3273
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 14259

  • Listing Price Information

    • Original List Price: 5,500,000
    • Listing Contract Date: 2025-04-22

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5078033012

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 699 - Not Defined
    • Directions: Corner of Pico Blvd and Fedora St
    • Source Property Type: Residential Income
    • Area: 699 - Not Defined
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 101
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: front
    • Property Attached: Yes
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BuyOwner last updated this listing 04/27/2025 @ 21:02

  • MLS: SB25089486
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 35,982 sqft, 14,259 sized lot, and 0 parking. are nearby neighborhoods.