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Listed by: Mihwa Yi DRE #01987254 | Epique Realty (888) 893-3537
$1,300,000
Monthly Est:$6,471
1 Bed
-- Bath
4,790sqft
2842 W Pico, Los Angeles, CA 90006
$1,300,000
$6,471/moEst:
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Apartment
Built in 1909
$-- HOA
6,509 sqft lot
$271/sq.ft
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.
All five parcels must be sold together. This is an exceptional opportunity for developers and investors specializing in affordable housing or senior housing projects. Affordable housing developers and investors are encouraged to inquire.
- Houzeo last checked: 12 hours ago
- Listing updated: July 29, 2026 at 6:30 pm
- Source: California Regional MLS-CA | MLS#: PW26165346
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1909
HOA Fees
-
Finished Area
4,790 sqft
Lot Size
6,509 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
PW26165346
MLS Status
Active
Days on Market
97
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: 1
Bathroom: --
Interior
Sewer
Public Sewer
Utilities & Energy
Water Source
Public
Laundry Features
Common Area
Pool Features
None
Other Features
Lot Features
Six To Ten Units Acre
Community Features
Street Lights, Sidewalks, Urban
Price History
| Date | Event | Price |
|---|---|---|
07/29/2026 Source: | Listed for Sale | $1,300,000 $271/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Nov 02, 2026, 02:15PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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