2709 W Pico Boulevard Los Angeles, CA ^$ 5,150,000

2709 W Pico Boulevard

^$ 5,150,000

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2709 W Pico Boulevard

Los Angeles, CA, 90006

^$ 5,150,000

Bedrooms-- Baths5.0 Sq 35,892

Monthly Estimate*

^$ 32,129

Listed by Lyon Stahl Investment Real Estate, Inc.

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Commercial Property for sale in Los Angeles, CA

for $5,150,000 with 5 full baths. This 35,892 square foot building was built in 1924 on a lot size of 0.3273.

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 $119k/unit and $143/sqft. The property is currently operating at a 7.66% CAP and 7.56 GRM. There is still over 55%+ 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.

Commercial Active

Price

^$ 5,150,000

Full Bath

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.3273

Year Built

1924

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SB25193347

Days on Market

119

Features

General

Year Built 1924

Property Subtype Mixed Use

County Los Angeles

Net Operating Income 394267

Property Type Commercial Sale

Special Listing Conditions Standard

Status Active

Directions On the corner of Pico and Fedora

City Los Angeles

Number Of Units Total 43

MLS Area C16 - Mid Los Angeles

Lot Size Units Square Feet

Lot Size Square Feet 14259

Number of Units Leased 37

Additional Parcels Y/N 0

Building Area Units Square Feet

Standard Status Active

Occupancy Type Tenant

Property Sub Type Additional Mixed Use

Cap Rate 7.66

Interior

Total Stories 3

Laundry Features None

Entry Level 1

Exterior

Lot Features 0-1 Unit/Acre

Water Source Public

Lot Size Area 14259

Building Area Total 35892

Lot Size Acres 0.3273

Lot Size Source Assessor

* Excluded Features

List By

Lyon Stahl Investment Real Estate, Inc.

Broker

cameron@lyonstahl.com

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$32,129

Per Month

Monthly Principal & Interest: $32,129
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Los Angeles, CA

Average List Price ^$2,714,112

Percent of Sale Price 47%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
11/20/2025	$5,150,000		Listed Price

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2709 W Pico Boulevard, Los Angeles, CA, 90006 is a Commercial Property for sale at $5,150,000 with 35,892 sqft and a lot size of 0.3273. 2709 W Pico Boulevard has 5.0 baths and was built in 1924. The property's zip code is 90006 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/24/2025. 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, 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.

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2709 W Pico Boulevard

Commercial Property for sale in Los Angeles, CA

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