2846 W Pico Los Angeles, CA $ 1,300,000
2846 W Pico
$ 1,300,000
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2846 W Pico

Los Angeles, CA, 90006
$ 1,300,000
Bedrooms-- Baths-- Sq 5,000

Monthly Estimate*

$ 8,208

Listed by Epique Realty
2846 W Pico, Los Angeles, CA 90006 - Image 1

Commercial Property for sale in Los Angeles, CA

for $1,300,000. This 5,000 square foot building was built in 1947 on a lot size of 0.1494.

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.

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Commercial Active

Price

$ 1,300,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.1494

Year Built

1947

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

PW26165411

Days on Market

13

Features
General
Year Built 1947
Property Subtype Mixed Use
County Los Angeles
Property Type Commercial Sale
Special Listing Conditions Standard
Status Active
Directions Pico Blvd and Normandie Ave
City Los Angeles
MLS Area KREA - Koreatown
Lot Size Units Square Feet
Lot Size Square Feet 6509
Additional Parcels Y/N false
Building Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Mixed Use
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Interior
Total Stories 1
Laundry Features None
Entry Level 0
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Exterior
Lot Features 2-5 Units/Acre
Water Source Public
Lot Size Area 6509
Building Area Total 5000
Lot Size Acres 0.1494
Lot Size Source Assessor
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* Excluded Features
List By
Epique Realty

Broker

sellhouse8282@gmail.com

Email

Affordability Calculator

$8,208
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,208
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/29/2026$1,300,000 Listed Price

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2846 W Pico, Los Angeles, CA, 90006 is a Commercial Property for sale at $1,300,000 with 5,000 sqft and a lot size of 0.1494. 2846 W Pico was built in 1947. The property's zip code is 90006 which is in Los Angeles, CA