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2709 W Pico Boulevard

Los Angeles, CA 90006

– beds
– baths
– sqft
14,259 sqft lot
1924 build
– on site

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.

Listed By CRMLS_CA / Cameron Samimi / Lyon Stahl Investment Real Estate, Inc. / 310-259-7556

Last checked: Checking… • Last updated Apr 23, 2025 •

MLS# SB25089486 —

The Building

Year Built:

1924
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

35982.00
Building Area Units:

Square Feet
Total Number Of Units:

43
# of Buildings:

1
Stories Total:

3
Entry Level:

1
Common Walls:

2+ Common Walls
# of Separate Gas Meters:

43
# of Separate Water Meters:

1
# of Separate Electric Meters:

43

Interior

Entry Location:

front
Laundry:

None

Location

Directions:

Corner of Pico Blvd and Fedora St
Latitude:

34.04723300
Longitude:

-118.29757700

The Property

Property Type:

Residential Income
Subtype:

Apartment
Lot Features:

0-1 Unit/Acre
Lot Size Area:

14259.0000
Lot Size Acres:

0.3273
Lot Size SqFt:

14259.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Tract:

1234
Tax Lot:

1

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5078033012

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Features:

Urban
Pool:

None
Senior Community:

No
Private Pool:

No

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/23/25 Apr 23, 2025	Listed / Active	CRMLS_CA	$5,500,000
4/1/24 Apr 1, 2024	Listed / Active	CRMLS_CA

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This multifamily located in Central LA, Los Angeles, CA 90006 is currently for sale for $5,500,000. 2709 W Pico Boulevard is a – square foot multifamily with – beds and – baths that has been on Estately for 1 days. 2709 W Pico Boulevard is in the Central LA neighborhood of Los Angeles and has a WalkScore® of 91, making it a walker’s paradise. This multifamily is in the attendance area of Berendo Middle School, West Adams Preparatory High School, and Camino Nuevo Elementary School 3.

Listing Courtesy of: CRMLS_CA and Lyon Stahl Investment Real Estate, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of 00:05 on Apr 24.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.