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2709 W Pico Boulevard, 
Los Angeles, CA 90006

$5,300,000

—

Bed

—

Bath

35,892

Sq Ft

Multi-Family

Active

Listed by

Cameron Samimi

, 

Christopher Bald

Lyon Stahl Investment Real Estate, Inc.

310-425-9838

Last updated:

September 26, 2025, 10:31 AM

MLS#

SB25223715

Source:

CRMLS

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 $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.

Home Facts

Multi-Family

Built in 1924

Price Summary

5,300,000

$147 per Sq. Ft.

MLS #:

SB25223715

Last Updated:

September 26, 2025, 10:31 AM

Added:

5 day(s) ago

Rooms & Interior

Interior

Living Area:

35,892 Sq. Ft.

Structure

Structure

Building Area:

35,892 Sq. Ft.

Year Built:

1924

Lot

Lot Size (Sq. Ft):

14,257

Finances & Disclosures

Finances

Price:

$5,300,000

Price per Sq. Ft:

$147 per Sq. Ft.

Source:CRMLS
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). Coldwell Banker Exclusive is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Coldwell Banker Exclusive, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

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