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$1,300,000
PW26165438 MLS ⋅ Active Status
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.

2854 W Pico, Los Angeles
$6,950,000
GD26126321 MLS ⋅ Active Status
Positioned along one of Los Angeles’ most heavily traveled commercial corridors, this ±7,950 square foot retail warehouse/showroom property offers a rare owner-user or lease opportunity in the heart of the city. Situated on a generous ±12,969 square foot lot with C2-1 zoning, the property combines prominent street-front retail exposure with functional warehouse space, making it ideal for a variety of retail, wholesale, showroom, distribution, or service-oriented uses. The building features excellent visibility on South Western Avenue, benefiting from traffic counts exceeding 40,000 vehicles per day and providing outstanding signage and branding opportunities. A secure, gated parking and loading area enhances operational efficiency while offering convenience for customers, employees, and deliveries. Located within a densely populated trade area near Koreatown and central Los Angeles, the property is surrounded by a strong mix of residential neighborhoods, retail destinations, and commercial businesses. Its strategic location provides immediate access to a large consumer base, major transportation corridors, and a highly active urban marketplace

963 965 S Western Avenue, Los Angeles

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.