Active

1833 W Pico Boulevard

Los Angeles, CA 90006
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SqFt6,247

Sqft(Lot)

AS THE INTEREST RATES COME DOWN THE DEVELOPMENT RE-SALE GOES UP UP UP! EASY ACCESS PRIME STREET! COMMERCIAL ZONED PROPERTY - RIGHT IN FRONT OF THE BUS STOP - MIXED-USED COMMERCIAL/RESIDENTIAL DEVELOPMENT SIGE Poss 24-26 UNITS WITH STORES ON THE BOTTOM. HARD TO FIND LAND IN THIS LOCATION! COULD BUILD FOR ENTIRE Sec 8 Rentals with Gov't Guaranteed Income! CM Zone = More Building Allowances from the BUILDING & SAFETY Dept. MAY BE POSSIBLE TO BUILD WITH NO PARKING (WHICH MEANS MORE RENTAL UNITS): THUS, Possibly NO PARKING GARAGE REQUIREMENTS! 6246 SF Lot at a BUS STOP IN FRONT! Perfect for a Strong Future Money-Maker Investment with USA Guaranteed Section 8 Rental Income!!

Detail Ic Property Details

Property Type : Land

Price : $1,088,000

AD Id : 48170656

MLS Id : 23251969

Lot Size : 6,247 Sqft(Lot)

County : Los Angeles

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Feature Features

  • Bathroom Information

    Total Baths: 0 Full Baths: 0 Half Baths: 0

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1434
  • Lot Size Source: Assessor Lot Size Square Feet: 6247

  • Listing Price Information

    Original List Price: 1,088,000 Listing Contract Date: 2023-03-17
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5137034017

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C42 - Downtown L.A. Directions: Just East of Bonnie Brae at Pico. Where Alvarado Terrace meets Pico Blvd. The Vacant Lot is on the North Side of Pico Blvd. next to the Stores on either side of the property. Between Alvarado & Union, North side of Street @ the Bus Stop. Build perhaps 24 Units (possibly Sec 8) with No Parking Requirements due to the Zoning! Zoning: LACM Source Property Type: Land Area: C42 - Downtown L.A.
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Nearby Home Value

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1511 S New Hampshire, Los Angeles, CA, 90006 $1,185,000 -- -- -- 6,290 Sqft(Lot)
1121 Irolo Street, Los Angeles, CA, 90006 $999,000 -- -- -- 5,905 Sqft(Lot)
1125 Irolo Street, Los Angeles, CA, 90006 $1,099,000 -- -- -- 5,905 Sqft(Lot)

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ByOwner last updated this listing 06/15/2026 @ 18:44

MLS: 23251969 LISTED BY: Bruce Jay, Bruce Jay Associates 323-660-3600 SOURCE: CRMLS

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