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2709 W Pico Boulevard Los Angeles CA 90006 MLS #SB25089411

There are multiple listings for this address:
Seller financing available at 4% IO with 40% Down! 1262 Fedora St is a 43-unit mixed use building located in the Pico Union neighborhood. This
massive 35,982 sqft building is offered at only $128k/unit and $153/sqft. The property is currently operating at a 6.73% CAP and 8.36 GRM. There is
still over 39% upside available once the property is stabilized. The property is separately metered for gas and electric. The building is comprised of (36) apartment units and (7) commercial spaces – it is broken down in to (4) 1Bed+1Bath, (32) Studio+1Bath, (2) restaurants, (2) retail, (1) discount store, (1) salon and (1) upholstery store. There are (4) 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.

Property Details

Price:
$5,500,000
MLS #:
SB25089411
Status:
Active
Baths:
0
Address:
2709 W Pico Boulevard
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
Apr 22, 2025
State:
CA
ZIP:
90006
Year Built:
1924

Schools

Interior

Exterior

Parking Spots
0.00
Stories Total
3
Water Source
Public

Financial

Map

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2709 W Pico Boulevard
Los Angeles, CA
Seller financing available at 4% IO with 40% Down! 1262 Fedora St is a 43-unit mixed use building located in the Pico Union neighborhood. This
massive 35,982 sqft building is offered at only $128k/unit and $153/sqft. The property is currently operating at a 6.73% CAP and 8.36 GRM. There is
still over 39% upside available once the property is stabilized. The property is separately metered for gas and electric. The building is comprised of (36) apartment units and (7) commercial spaces – it is broken down in to (4) 1Bed+1Bath, (32) Studio+1Bath, (2) restaurants, (2) retail, (1) discount store, (1) salon and (1) upholstery store. There are (4) 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.

Property Details

Price:
$5,500,000
MLS #:
SB25089486
Status:
Active
Baths:
0
Address:
2709 W Pico Boulevard
Type:
Residential Income
Subtype:
Mixed Use
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
Apr 22, 2025
State:
CA
ZIP:
90006
Lot Size:
14,259 sqft / 0.33 acres (approx)
Year Built:
1924

Schools

Interior

Exterior

Parking Spots
0.00
Stories Total
3
Water Source
Public

Financial

Map

Contact Us

Send
  

Mortgage Calculator

 

Similar Listings Nearby