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2709 W Pico Boulevard, 
Los Angeles, CA 90006

$5,500,000

—

Bed

—

Bath

-

Sq Ft

Multi-Family

Active

Listed by

Cameron Samimi

, 

Christopher Bald

Lyon Stahl Investment Real Estate, Inc.

Last updated:

May 7, 2025, 01:56 PM

MLS#

SB25089486

Source:

SANDICOR

About This Home

2709 W Pico Boulevard

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 $128k/unit and $153/sqft. The property is currently operating at a 6.73% CAP and 8.36 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.

Home Facts

Multi-Family

Price Summary

5,500,000

MLS #:

SB25089486

Last Updated:

May 7, 2025, 01:56 PM

Added:

18 day(s) ago

Lot

Lot Size (Sq. Ft):

14,259

Finances & Disclosures

Finances

Price:

$5,500,000

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