Elijah Shin, Listing Office: Dream Realty & Investments Inc
#25491423·
Listing Office: Marcus & Millichap·
Listing Agent: Neema Ahadian·
Listing Office Phone: 310-909-5500
4303 W Pico Blvd Los Angeles, CA 90019
$6,000,000 List price
0.4 acres
Land
Property details
About 4303 W Pico Blvd
We are pleased to present a unique affordable housing development opportunity at 4303-4313 W Pico Blvd in Mid City. Plans call for 152 income-restricted housing units with an ideal unit mix of 81 singles and 71 one-bedrooms with no parking required. The discount to surrounding market rents support both a voucher based and workforce housing lease-up strategy, allowing a developer multiple lease-up options and flexibility at completion. The six-story mid-rise project is designed with a stacked design, utilizing Type III over Type I construction for expedited construction and reduced costs. The project also includes 7,747 SF of open space, allowing a developer to provide additional amenities or supportive housing services for residents. The project is offered at a low $39,474 per buildable unit, offering a privately funded developer the opportunity to fund the entire project without tax credits or government subsidies. The existing two retail units will be delivered vacant at the close of escrow, allowing a developer to break ground and start on the project once permits have been pulled.
Highlights
Home typeOther
StatusActive
Lot size0.3791 Acres
MLS #25491423
Summary
- MLS Number: 25491423
- MLS Name: CRMLS
- Office Name: Marcus & Millichap
- Office Phone: (310) 909-5500
- Listing Agent: Neema Ahadian
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: 1/30/2025, 11:55:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$6,000,000
4303 W Pico Blvd
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 17, 2020 | Home Sold | $2,250,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $2,412,451 | $29,765 |
| 2023 | $2,365,149 | $29,194 |
| 2022 | $2,318,775 | $27,852 |
| 2021 | $2,273,310 | $27,529 |
| 2020 | $76,829 | $1,695 |
| 2019 | $75,323 | $1,449 |
| 2018 | $73,847 | $1,430 |
| 2017 | $72,400 | $1,430 |
History based on county public records data.
Nearby schools
6
Queen Anne Place Elementary School
Public District KG-5
0.3 mi
•1212 Queen Anne Pl
4
City Language Immersion Charter
Public Charter KG-5
0.4 mi
•4001 Venice Blvd
7
Global Education Academy 2
Public Charter KG-5
0.5 mi
•1717 7th Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $62,500. Residents of Los Angeles, CA typically earn between $35k-100k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
32%
<35k
49%
35k-100k
16%
100k-200k
3%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
35%
Single, No Kids
13%
Single, with Kids
29%
Married, No Kids
23%
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
24%
18-34 yrs old
41%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Live Theatre
Hiking/backpacking
Men's Tennis
Where do the neighbors shop?
Bloomingdales
Nordstrom Rack
Banana Republic
Where do the neighbors go to eat?
Boston Market
Starbucks
The Cheesecake Factory
What do the neighbors drive?
Mercedes
Audi
Volvo
What do the neighbors listen to?
News
Alternative
Jazz
All data provided by Home Junction and Claritas
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Backup offers
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David Lee Ruest, Listing Office: Keller Williams Realty Los Feliz
Frequently asked questions
About 4303 W Pico Blvd
This home is located at 4303 W Pico Blvd in Los Angeles, CA and zip code 90019 in the Central LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 30, 2025 and is currently priced at $6,000,000.
In December 2024, from all listings sold in Los Angeles, CA there were more than 524 sold above asking price, over 740 sold below and more than 203 were sold right at the asked price. In December 2024 in Los Angeles, CA there were 5.3% less homes for sale than in November. While the average time on the market in December 2024 was 41 days, the median list price was $1,026,634.
From Rocket Homes Real Estate and based on county public records data.