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Listed by Lyon Stahl Investment Real Estate, Inc., Cameron Samimi, Christopher Bald Listing Contact: 310-259-7556

$5,150,000

2709 W Pico BLD, Los Angeles CA, 90006

Price per sqftN/A
Built in1924
Property typeMulti-family

Overview

Active

Listed Jul 2, 2026

Updated 9 days ago

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
CRSB26142935

Interior Features

Basement
No

Exterior Features

Lot Size
0.33 Acres

Other Property Details

Garage
Yes

Also listed on CRMLS

MLS provider logo

Listed by Lyon Stahl Investment Real Estate, Inc., Cameron Samimi DRE:02035763, Christopher Bald
Listing Contact: 310-259-7556 

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Data last updated 1:36 PM UTC, 9/28/2026

 

 

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