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3714 W Pico Blvd

Los Angeles CA 90019

23
11
10
5904 sq. ft.
9440 sq. ft.
Other
Currently for sale - view listing

Overview

Compass is pleased to present the opportunity to acquire a mixed-use commercial income property in the Arlington Heights neighborhood of Los Angeles. This property boasts commercial zoning with a use code for boarding/rooming houses, apartment hotels, and hostels- offering incredible flexibility and income potential. The front building currently features 11 bedrooms and 6 bathrooms, in addition to 4 studios on the side and two 2-bedroom, 1-bathroom units in the rear. The second building features a duplex, each unit with 2 bedrooms and 1.5 bathrooms. In total, the property boasts 23 bedrooms and 11 bathrooms. With rents currently below market rates, there is tremendous potential for the right buyer to convert this into a cash cow through creative strategies by leveraging the unique use code and zoning.

Features

23 bedrooms
11 bathrooms
10 carspaces
5904 sq. ft. floor area
9440 sq. ft. lot size
Other

Property history for 3714 W Pico Blvd

2019
Sold
$8,000
21 Jan 2019
2017
Sold
$1,690,000
07 Feb 2017 by Yun Kim

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Local market activity for 23 bedroom other properties in Los Angeles

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