Active

2709 W Pico Boulevard

Los Angeles, CA 90006
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Bed 0

Bed

Bath 0

Bath

SqFt35,892

Sqft

SqFt14,259

Sqft(Lot)

2709 Pico Blvd is a 43-unit mixed use building located in the Pico Union neighborhood. This massive 35,982 sq.ft building is offered at only $119k/unit and $143/sqft. The property is currently operating at a 8.79% CAP and 6.69 GRM. There is still over 46% upside available once the property is stabilized. The property is Separately Metered for Gas and Electricity. The building is comprised of (36) apartment units and (7) commercial spaces - it is broken down in to (4) 1-Bed/1-Bath, (32) Studio/1-Bath, (2) restaurants, (2) Retail, (1) Discount store, (1) Salon and (1) Upholstery Store. There are (5) 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $5,150,000

AD Id : 87408288

MLS Id : SB26142935

Lot Size : 14,259 Sqft

Living Area Size : 35,892

Year Built : 1924

Garage : 1

County : Los Angeles

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer

  • Building Information

    Year Built: 1924 Building Area Total: 35,892
  • Pool Features

    None

    Laundry Features

    None

  • Lot Details

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

  • Listing Price Information

    Original List Price: 5,150,000 Listing Contract Date: 2026-06-30
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5078033012

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C16 - Mid Los Angeles Postal Code Plus 4: 3218 Directions: On the corner of Pico and Fedora Source Property Type: Residential Income Area: C16 - Mid Los Angeles Property SubType: Mixed Use
  • Building and Construction

    Property Age: 102 Common Walls: 2+ Common Walls Structure Type: Mixed Use Year Built Source: Assessor Entry Level: 1 Entry Location: 1 Property Attached: Yes
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1817 W 12th Street, Los Angeles, CA, 90006 $1,599,000 7 -- 3,308 3,308 SqFt
1242 S Bonnie Brae, Los Angeles, CA, 90006 $740,000 4 2 2,207 2,207 SqFt
1324 S Westlake Avenue, Los Angeles, CA, 90006 $800,000 -- -- 4,232 4,232 SqFt
2300 W 12th Street, Los Angeles, CA, 90006 $1,295,000 9 -- 4,032 4,032 SqFt
1703 S Burlington Avenue, Los Angeles, CA, 90006 $1,195,000 5 -- 3,604 3,604 SqFt
1312 Arapahoe, Los Angeles, CA, 90006 $1,200,000 5 2 2,105 2,105 SqFt
1826 S Bonnie Brae Stre.., Los Angeles, CA, 90006 $849,900 6 -- 2,804 2,804 SqFt
1333 Arapahoe Street, Los Angeles, CA, 90006 $995,000 5 3 2,626 2,626 SqFt
1415 Arapahoe Street, Los Angeles, CA, 90006 $1,600,000 6 4 3,641 3,641 SqFt
1118 Elden Avenue, Los Angeles, CA, 90006 $1,995,000 8 -- 4,890 4,890 SqFt

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ByOwner last updated this listing 07/07/2026 @ 11:59

MLS: SB26142935 LISTED BY: Cameron Samimi, Lyon Stahl Investment Real Estate, Inc. 310-425-9838 SOURCE: CRMLS

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