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$1,300,000
 $6,979 est/mo Sourced by Back At You

2836 W Pico,Los Angeles, CA 90006

Los Angeles, CA 90006

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Description

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.

Details

MLS #PW26164705
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1900
Days On Site56
Listing Provided ByEpique Realty | Mihwa Yi

Features

Bed(s)5
Bath(s) 3 Total
SQ Feet2,220
Garage2
Story(s)1
Units1
Acreage0.15
Property ViewNone

Interior

CoolingWall Window Units
Cooling Yes / NoYes
Fireplace Yes / NoNo

Exterior

Lot FeaturesZero To One Unit Acre

Parking

Attached Garage Yes / NoNo
Garage Yes / NoYes

Utilities

SewerPublic Sewer

Location

Community FeaturesStreet Lights, Sidewalks, Urban

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90006
AreaKREA Koreatown
Listing VS Median (in 90006)
Price:
$1,300,000
low | high
Med:
$799,500
88.5% of Average
sqft:
2,220
low | high
Med:
1,873
65.630630630631% of Average
$ / sqft:
$586
low | high
Med:
$438
75.284993540069% of Average
On site:
56
low | high
Med:
34
100% of Average
Sourced by Back At You

Market Activity 90006

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Learn More About This Property

Desert Lifestyle Properties

Desert Lifestyle Properties

 (760) 818-7518info@desertlifestyleproperties.com
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90006
AreaKREA Koreatown
Listing VS Median (in 90006)
Price:
$1,300,000
low | high
Med:
$799,500
88.5% of Average
sqft:
2,220
low | high
Med:
1,873
65.630630630631% of Average
$ / sqft:
$586
low | high
Med:
$438
75.284993540069% of Average
On site:
56
low | high
Med:
34
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $975K - $1.625M
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
2858 W Pico Property Photo 1
$1,300,000
2858 W Pico
Los Angeles, CA 90006
Listing Updated: August 21, 2026 at 9:42:36 PM PDT
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