2709 W Pico Boulevard, Los Angeles, CA 90006

Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
2709 W Pico Boulevard,Los Angeles, CA 90006
$5,300,000
  • - Beds
  • - Baths
  • 35,892 sq. ft.
  • Multi-family
  • Active
Listed by:cameron samimi
Office:lyon stahl investment real estate, inc.
MLS#:SB25223715
Source:CRMLS

Price summary

  • Price:$5,300,000
  • Price per sq. ft.:$147.67

About this home

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 $123k/unit and $147/sqft. The property is currently operating at a 7.05% CAP and 8.03 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.

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Home facts

  • Year built:1924
  • Listing ID #:SB25223715
  • Added:2 day(s) ago
  • Updated:September 26, 2025 at 10:31 AM

Rooms and interior

  • Living area:35,892 sq. ft.

Structure and exterior

  • Year built:1924
  • Building area:35,892 sq. ft.
  • Lot area:0.33 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$5,300,000
  • Price per sq. ft.:$147.67
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