2709 W Pico Boulevard, Los Angeles, CA 90006

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About this home

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.

Type

Commercial/Residential

Year built

1924

Lot

14,259 sq ft

Garage

1 car

HOA

None

Pool

View

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Solar

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Estimated payment

$32,479/mo

Principal & interest$26,041
Property tax (est.)$4,935
Home insurance (est.)$1,502

Down payment: 20% ($1,030,000)Interest rate %

Example only, not a loan offer. Rate is a placeholder; ask a lender for today's. Taxes vary by neighborhood (Mello-Roos).

Listing provided courtesy of Cameron Samimi, Lyon Stahl Investment Real Estate, Inc., 310-259-7556. MLS# SB26142935. Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2026 at 8:44 AM Pacific. Information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Coldwell Banker Associated Brokers Realty, CA DRE #00939614.