For Sale
$1,300,000
Est. $7,280/mo2858 W Pico, Los Angeles, CA 90006
bed
0
Bedrooms
bathtub
0
Bathrooms
square_foot
1,790
Square Feet
About this home
This is a bulk sale that includes 2836, 2842, 2846, 2854, and 2858 W. Pico Blvd. The total asking price for all five parcels is $6.5 million. The seller is not willing to sell the properties individually. The seller is also open to a 99-year ground lease. The asking ground lease rent is $32,500 per month for all five lots. The combined site area is approximately 32,500 square feet, making it an excellent opportunity for an affordable housing development in a prime location. The seller is currently pursuing entitlements with the HPOZ and the City Planning Department for a 100% affordable housing apartment project. The current proposal submitted to the City is for approximately 175 residential units. All five parcels must be sold together. This is an exceptional opportunity for developers and investors specializing in affordable housing or senior housing projects. Affordable housing developers and investors are encouraged to inquire.
Property Facts
bed
Bedrooms
0
bathtub
Bathrooms
0
square_foot
Square Feet
1,790
landscape
Lot Size
6,513 sqft
calendar_month
Year Built
1920
home_work
Property Type
Mixed Use
timer
Days on Market
0
payments
HOA Fee
N/A
garage
Garage Total
0
fingerprint
MLS #
PW26165467
Interior Details
Climate Control
Cooling
Wall Window Units
Parking
Exterior & Lot
Lot & Grounds
Lot Features
Zero To One Unit Acre
Sewer
Public Sewer
Water Source
Public
Community & HOA
Association Info
Community Features
Street Lights, Sidewalks, Urban
Mortgage Calculator
Total Monthly
$0
Principal & Interest:
$0Property Tax:
$0Home Insurance:
$0HOA Fees:
$0$
$
%
Nearby Schools
| Rating | School Name | ||
|---|---|---|---|
| No school data available for this area. | |||
Convenience Score
Market Insights
90006|Los Angeles
analytics
Estimated Value
Calculating...
trending_up0%vs. last year
202120222023202420252026
Market Temperature
Seller'sBalancedBuyer's
0d30d60d180d
Balanced
Balanced market
30 Days
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
flood
Flood & Climate Risk
Flood Risk
Minimal — not in a FEMA flood zone
Wildfire Risk
Moderate — near wildland-urban interface
Heat Risk
Low — moderate summer temperatures
Earthquake Risk
Southern California seismic zone
volume_up
Noise Levels
TrafficQuiet residential street
AirportMinimal airport noise
CommercialLow commercial activity nearby
streetview
Open Full Street Viewopen_in_newStreet View
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