Listed by Mihwa Yi, DRE #01987254 • Epique Realty
$1,300,000
Est. payment /mo
5 Beds
3 Baths
2,220 SqFt
New
2836 W Pico Los Angeles, CA 90006
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Key Details
Property Type Single Family Home
Sub Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,220 sqft
Price per Sqft $585
MLS Listing ID CRPW26164705
Bedrooms 5
Full Baths 3
Year Built 1900
Lot Size 6,508 Sqft
Property Sub-Type Single Family Home
Source California Regional MLS
Property Description
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.
Location
State CA
County Los Angeles
Area Krea - Koreatown
Interior
Cooling Window / Wall Unit
Fireplaces Type None
Laundry 30
Exterior
Garage Spaces 2.0
Pool None
View None
Building
Story One Story
Water District - Public
Others
Tax ID 5075010006
Special Listing Condition Not Applicable
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