2709 W Pico Blvd | Los Angeles, CA 90006
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- LoopNet Team
2709 W Pico Blvd
Los Angeles, CA 90006
Retail Property For Sale
Investment Highlights
- Mixed Use 43-Unit building located in Pico Union (36 apartment, 7 commercial)
- Currently operated at a 5.59% CAP and 10.37 GRM
- (7) Commercial units broken down into (2) restaurants, (2) retail, (1) discount store, (1) salon and (1) upholstery store
- Priced at only $151k/unit and $181/sqft
- (32) Studio/1-Bath & (4) 1Bed+1Bath units - (4) Studio/1-Bath units are currently vacant
- Conveniently located near Downtown Los Angeles, 10 and 110 Freeways
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
35,982 SF
Building Class
C
Year Built
1924
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.52
Lot Size
0.33 AC
Zoning
C2, Los Angeles
Parking
6 Spaces (0.17 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
PROPERTY TAXES
| Parcel Number | 5078-033-012 | Improvements Assessment | $5,451,761 |
| Land Assessment | $1,150,360 | Total Assessment | $6,602,121 |
PROPERTY TAXES
Parcel Number
5078-033-012
Land Assessment
$1,150,360
Improvements Assessment
$5,451,761
Total Assessment
$6,602,121
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