2709 Pico Blvd, Los Angeles, CA 90006
Forty-three-unit mixed-use asset with separately metered gas and electricity and multiple ground-floor commercial spaces.
- Added:
- Jul 1, 2026
- Days on Market:
- 4
- Last Refresh:
- Jul 4 at 2:39 am
Property Features for 2709 Pico Blvd
General Information
- Standard status
- Active
- Size
- 35,982 SF
- Property subtype
- Mixed Use, Multifamily, Retail
Building Details
- Year Built
- 1924
Listing office Lyon Stahl Investment Real Estate (310) 259-7556
Listing date Jul 1, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Lyon Stahl Investment Real Estate
HighLights
- 43‑unit mixed‑use building with 35,982 SF total, built in 1924, plus multiple ground‑floor commercial spaces
- Unit mix includes 36 apartments (4 1BD/1BA, 32 studios/1BA) and 7 commercial spaces (2 restaurants, 2 retail, discount store, salon, upholstery store)
- Separately metered for gas and electricity
- 5 studio/1‑bath units are currently vacant
- Current operating performance includes an 8.79% CAP and 6.69 GRM
Overview
Located in the Pico Union neighborhood, the property is described as minutes from Downtown Los Angeles. The remarks also indicate easy access to the 10 and 110 freeways, with shopping, dining, and other nearby amenities that can support tenant demand.
For buyers or operators looking for a combined residential and retail portfolio, the layout provides on-site diversification across multiple unit types and commercial uses. Separately metered utilities can help simplify expense allocation, while the presence of vacant studio/one-bath units may allow for faster stabilization through new or updated leasing. The mix of restaurants, retail, and service-oriented spaces can also support tenants seeking complementary storefront co-tenancy within the same asset.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.29765
- Latitude
- 34.0474