2842 W Pico Los Angeles, CA $ 1,300,000
2842 W Pico
$ 1,300,000
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2842 W Pico

Los Angeles, CA, 90006
$ 1,300,000
Baths0.0 Sq 4,790

Monthly Estimate*

$ 8,208

Listed by Epique Realty
2842 W Pico, Los Angeles, CA 90006 - Image 1
Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,300,000. This 4,790 square foot home was built in 1909 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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Multi-Family Active

Price

$ 1,300,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1494

Year Built

1909

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

PW26165346

Days on Market

8

Features
General
Sewer Public Sewer
Garage Spaces 0
Pool Features None
Year Built 1909
Property Subtype Apartment
Gross Income 0
Community Features Street Lights Sidewalks Urban
County Los Angeles
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
New Construction false
Property Type Residential Income
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Pico Blvd and Normandie Ave
City Los Angeles
Entry Location Street
Senior Community Y/N false
Number Of Units Total 8
MLS Area KREA - Koreatown
Lot Size Units Square Feet
Lot Size Square Feet 6509
Listing Terms Cash Conventional 1031 Exchange Government Loan Lease Option Land Use Fee
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 5
Property Sub Type Additional Apartment
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Interior
Total Stories 2
Common Walls No Common Walls
Laundry Features Common Area
Entry Level 0
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Exterior
Lot Features 6-10 Units/Acre
Water Source Public
Total Parking 0
Lot Size Area 6509
Number of Buildings 1
Building Area Total 4790
Lot Size Acres 0.1494
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 8
Number of Separate Electric Meters 8
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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
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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
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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2842 W Pico, Los Angeles, CA, 90006 is a Multi-Family Home for sale at $1,300,000 with 4,790 sqft and a lot size of 0.1494. 2842 W Pico is a studio with 0.0 baths and was built in 1909. The property's zip code is 90006 which is in Los Angeles, CA