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

2709 W Pico Boulevard

^$ 5,150,000

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Recently Listed

2709 W Pico Boulevard

Los Angeles, CA, 90006

^$ 5,150,000

Studio Baths0.0 Sq 35,892

Monthly Estimate*

^$ 32,518

Listed by Lyon Stahl Investment Real Estate, Inc.

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $5,150,000. This 35,892 square foot home 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 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.

Multi-Family Active

Price

^$ 5,150,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.3273

Year Built

1924

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SB26142935

Days on Market

Features

General

Sewer Public Sewer

Garage Spaces 1

Pool Features None

Year Built 1924

Property Subtype Mixed Use

Gross Income 769216

Community Features Urban

County Los Angeles

Net Operating Income 394267

Operating Expense 293549

Insurance Expense 77657

New Construction false

Property Type Residential Income

MaintenanceExpense 37134

Garage Y/N true

Special Listing Conditions Standard

Status Active

Directions On the corner of Pico and Fedora

City Los Angeles

Entry Location 1

Senior Community Y/N false

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 34

Listing Terms Cash Cash to Existing Loan Cash to New Loan Conventional 1031 Exchange Owner May Carry Private Financing Available

Property Attached Y/N true

Land Lease Y/N false

Electric Expense 0

Fuel Expense 0

Trash Expense 19056

Water Sewer Expense 49511

Additional Parcels Y/N false

Rent Control Y/N true

Building Area Units Square Feet

Standard Status Active

Year Built Source Assessor

Tax Lot 1234

Total Actual Rent 769216

Property Sub Type Additional Mixed Use

Expected Active Date 2026-07-02

Taxes 64375

Cap Rate 8.79

Interior

Total Stories 3

Common Walls 2+ Common Walls

Laundry Features None

Entry Level 1

Exterior

Lot Features 0-1 Unit/Acre

Water Source Public

Total Parking 1

Lot Size Area 14259

Number of Buildings 1

Building Area Total 35892

Lot Size Acres 0.3273

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 43

Number of Separate Gas Meters 43

Number of Separate Electric Meters 43

* Excluded Features

List By

Lyon Stahl Investment Real Estate, Inc.

Broker

cameron@lyonstahl.com

Affordability Calculator

$32,518

Per Month

Monthly Principal & Interest: $32,518
Monthly Property Taxes: --
Monthly Home Insurance: --

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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

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,904,293

Percent of Sale Price 63%

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

See complete school information

Pricing History

Date	Price	Price Change	Description
7/1/2026	$5,150,000		Listed Price

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2709 W Pico Boulevard, Los Angeles, CA, 90006 is a Multi-Family Home for sale at $5,150,000 with 35,892 sqft and a lot size of 0.3273. 2709 W Pico Boulevard is a studio with 0.0 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 6.49% 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.

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 7/2/2026. 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

Multi-Family Home for sale in Los Angeles, CA

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