$5,500,000

2709 W Pico Blvd Los Angeles, CA 90006

0.3 acres
Condo

Property details

About 2709 W Pico Blvd

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.

Highlights

Home typeCondominium
StatusActive
Lot size0.3273 Acres
Year built1924
MLS #SB25089486

Summary

  • Private Pool: No
  • List Price: $5,500,000
  • Directions: Corner of Pico Blvd and Fedora St
  • Year Built: 1924
  • Stories: 3
  • Lot Size: 0.3273 Acres
  • MLS Number: SB25089486
  • MLS Name: CRMLS
  • Office Name: Lyon Stahl Investment Real Estate, Inc.
  • Office Phone: (310) 259-7556
  • Listing Agent: Cameron Samimi

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2025, 9:20:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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2709 W Pico Blvd, Los Angeles, CA 90006 - view of property

$5,500,000

2709 W Pico Blvd

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Price information

Property sales

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Nearby schools

4

Los Angeles Elementary

Public District KG-5

0.5 mi

1211 S Hobart Blvd

4

Vista Horizon Global Academy

Public Charter KG-5

0.6 mi

980 S Hobart Blvd

4

Hobart Boulevard Elementary School

Public District KG-5

0.6 mi

980 S Hobart Blvd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $36,616. Typical income of Los Angeles, CA residents is less than $<35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

48%
<35k
42%
35k-100k
7%
100k-200k
3%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

39%
Single, No Kids
20%
Single, with Kids
22%
Married, No Kids
19%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
8%
12-17 yrs old
27%
18-34 yrs old
41%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • H&MH&M
  • Foot LockerFoot Locker
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • Little CaesarsLittle Caesars
  • PopeyesPopeyes

What do the neighbors drive?

  • HondaHonda
  • DodgeDodge
  • NissanNissan

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 2709 W Pico Blvd

The listing price of 2709 W Pico Blvd property is $5,500,000.

The property 2709 W Pico Blvd is a condo located in Los Angeles, California, 90006.

Active Listing: 2709 W Pico Blvd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 2709 W Pico Blvd are: Los Angeles Elementary (GreatSchools Rating 4/10), Vista Horizon Global Academy (GreatSchools Rating 4/10), Hobart Boulevard Elementary School (GreatSchools Rating 4/10), Berendo Middle School (GreatSchools Rating 4/10), Monsenor Oscar Romero Charter Middle School (GreatSchools Rating 2/10), Camino Nuevo Elementary #3 (GreatSchools Rating 4/10), West Adams Preparatory High School (GreatSchools Rating 3/10), RFK Community Schools - New Open World Academy (GreatSchools Rating 4/10), RFK Community Schools - UCLA Community School (GreatSchools Rating 5/10).

The property at 2709 W Pico Blvd has 0 bathroom.

The year of construction for 2709 W Pico Blvd is 1924.

This home is located at 2709 W Pico Blvd in Los Angeles, CA and zip code 90006 in the Central LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 23, 2025 and is currently priced at $5,500,000.

While more than 395 listings in Los Angeles, CA in April 2025 were sold above asking price, there were more than 148 listings sold at asking price, and more than 328 were sold below. The number of homes for sale in Los Angeles, CA increased by 10.2% between March and April 2025. Listings spent 36 days on the market in April 2025, and had a median list price of $896,516 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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