$200k Priced Reduction! Excellent opportunity to own a commercial/residential mixed-use property located at the prime corner of Pico & Hobart Blvd. This two-story building features three retail spaces on the 1st floor, currently occupied by a music school and an electric co., with one vacant retail unit of over 1500 sf – ideal for a restaurant, market, or other retail uses. The property offers long-term tenants and stable monthly income. Approximately 20 years ago, the 2nd floor was converted into a 3-unit residential layout, consisting of three 2-bedroom, 2-bathroom apartments. A rare mixed-use investment with strong income potential and upside value in a high-traffic location.
Property Details
Price:
$1,795,000
MLS #:
26633085
Status:
Active
Beds:
0
Baths:
0
Address:
2972 W Pico BL
Type:
Commercial
Subtype:
Commercial/Residential
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
Jan 9, 2026
State:
CA
Total Sq Ft:
6,132
ZIP:
90006
Lot Size:
6,090 sqft / 0.14 acres (approx)
Year Built:
1904
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Courtesy of Choice 100 Realty, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than BUSINESS MA include the name of the listing broker. Neither the listing company nor BUSINESS MA shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 2972 W Pico BL
Los Angeles, CA
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