W Pico BL Lot 1234 Los Angeles CA 90006 MLS #SB25223715

W Pico BL Lot 1234
Los Angeles, CA, 90006
$5,150,000
Beds
0 Baths
0 SqFt
0.33 Acres
Add
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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 $119k/unit and $143/sqft. The property is currently operating at a 7.66% CAP and 7.56 GRM. There is still over 55%+ 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 Details

Price:
$5,150,000
MLS #:
SB25223715
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Commercial/Residential
Neighborhood:
c16
Listed Date:
Sep 23, 2025
Total Sq Ft:
35,892
Lot Size:
14,259 sqft / 0.33 acres (approx)
Year Built:
1924
Parking TotalC16C16

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Schools

Interior

Laundry Features
NO

Exterior

Community Features
URB
Parking Spots
1

Financial

Net Operating Income
$394,267

Map

Community

Market Summary

Current real estate data for Single Family in Los Angeles as of Nov 07, 2025
2,303
Single Family Listed
70
Avg DOM
981
Avg $ / SqFt
$1,985,016
Avg List Price

Property Summary

    W Pico BL Lot 1234 Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90006. It is listed for $5,150,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1924. The average price per square foot for Single Family listings in Los Angeles is $981. The average listing price for Single Family in Los Angeles is $1,985,016.

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W Pico BL Lot 1234
Los Angeles, CA