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35,892 sqft

$5,150,000

2709 W Pico Boulevard, Los Angeles CA, 90006

Price per sqft$143.49
Built in1924
Property size35,892 sqft
Property typeMulti-family
Listed by Cameron Samimi CA DRE# 02035763 with Lyon Stahl Investment Real Estate, Inc. 310-259-7556

Overview

Active

Listed Jul 2, 2026

Updated Aug 25

2709 Pico Blvd is a 43-unit mixed use building located in the Pico Union neighborhood. This massive 35,982 sq.ft building is offered at only $119k/unit and $143/sqft. The property is currently operating at a 8.79% CAP and 6.69 GRM. There is still over 46% upside available once the property is stabilized. The property is Separately Metered for Gas and Electricity. The building is comprised of (36) apartment units and (7) commercial spaces - it is broken down in to (4) 1-Bed/1-Bath, (32) Studio/1-Bath, (2) restaurants, (2) Retail, (1) Discount store, (1) Salon and (1) Upholstery Store. There are (5) 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.

$34,263/mo

Est. mortgage payment based on a $5,150,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
SB26142935

Interior Features

Basement
No

Exterior Features

Lot Size
0.33 Acres

Other Property Details

Maintenance Expense
$37,134
Garage
Yes
55+/Senior Community
No

Also listed on CLAW

MLS provider logo

Listed by Cameron Samimi CA DRE# 02035763 with Lyon Stahl Investment Real Estate, Inc. 310-259-7556

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/25/2026. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 8/25/2026 at 1:39 AM UTC Last Checked: 1:39 AM UTC

 

 

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