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    Mixed-Use Residential and Retail Building Title is generated by Realmo AI

    2709 Pico Blvd, Los Angeles, CA 90006

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    Forty-three-unit mixed-use asset with separately metered gas and electricity and multiple ground-floor commercial spaces.

    Type:Mixed Use, Multifamily, Retail
    Property size:
    35,982 SF
    Price / SF:
    $143/SF
    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

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    Christopher Bald
    Christopher Bald

    Listing office Lyon Stahl Investment Real Estate

    Listing date Jul 1, 2026

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    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

    This mixed-use building offers residential and income-generating commercial space in one configuration. The property contains 43 units total, including 36 apartment units and 7 commercial spaces. Apartment mix is comprised of 4 one-bedroom, one-bath units and 32 studio, one-bath units, with additional studio units currently noted as vacant. The commercial component includes 2 restaurants, 2 retail spaces, plus individual space types identified as a discount store, a salon, and an upholstery store. The building is separately metered for gas and electricity.

    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.
    Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Real Estate Agency Tanning Salon Buffet Veterinary Clinic Supermarket Restaurant Carpet & Flooring Store Adult Day Care Clothing & Fashion Store (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.29765
    Latitude
    34.0474

    FAQs

    What type of property is this?
    Mixed-use property - Forty-three-unit mixed-use asset with separately metered gas and electricity and multiple ground-floor commercial spaces.
    Where is this mixed-use property located?
    The property is located at 2709 Pico Blvd Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $5,150,000.
    What are key features of this property?
    This property features: 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
    (310) 259-7556 Call to check price and availability
    More about this property
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