For Sale

Listed by Mihwa Yi from Epique Realty

Source: California Regional Multiple Listing Service, Inc #PW26164705

2836 West Pico Boulevard, Los Angeles, CA, 90006

$1,300,000

5
3
2
2220 sq. ft.
6508 sq. ft.

SingleFam

1 day on the market

What's around 2836 West Pico Boulevard

About this property

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.

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