$5,950,000
- Beds
- Unknown
- sq ft
- 35,982
2709 W Pico Blvd, Los Angeles, CA 90006
2709 W Pico Blvd
Los Angeles, CA 90006
- 91 days on market
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
$138k/unit and $165/sqft. The property is currently
operating at a 6.22% CAP and 9.49 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.
2709 Pico Blvd 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.
Details
Property type
Apartment
Lot size
0.3273 acres
Price per sq ft
$166
Year built
1924
Price History
04/01/2024
![CRMLS](/_next/static/media/crmlsLogo.7699ca4d.png)
CRMLS #SB24052600
Listed
$5,950,000
Schools & Community
Neighborhood:
Harvard Heights
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 07/01/2024 at 7:00 AM
Listing updated: 04/01/2024 at 7:10 AM
Listed by: Cameron Samimi, Lyon Stahl Investment Real Estate, Inc. Phone #: (310) 425-9838
MLS: CRMLS #SB24052600
![CRMLS logo](/_next/static/media/crmlsLogo.7699ca4d.png)
Recently listed in Los Angeles
$599,000|1 bd|1.0 ba|Condo
$1,550,000|3 bd|2.5 ba|Condo
$538,000|2 bd|2.0 ba|Condo
$1,749,000|3 bd|2.0 ba|House
$2,827,000|4 bd|3.5 ba|House
$4,900,000|4 bd|4.5 ba|Condo
$825,000|2 bd|2.0 ba|Condo
$1,299,000|5 bd|4.0 ba|House
$1,590,000|4 bd|4.5 ba|House
$815,000|2 bd|2.0 ba|Condo
Explore top cities in California