Affordable Housing Development
New
For Sale
$1,300,000
2854 W Pico, Los Angeles, CA 90006
Five-parcel assemblage with housing entitlements in process and a submitted affordable apartment proposal.
Days on Market5
Property Features for 2854 W Pico
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Building Size
3,596 SF
Year Built
1921
Listing Agency:
Listed By:
Mihwa Yi
Source:
Elliman
Added: Jul 30
Changed: Jul 31
Last Checked: Aug 2 at 10:27AM
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 Mihwa Yi
Investment Insights
Based on property information with market context.
This commercial land offering includes a five-parcel assemblage at 2836, 2842, 2846, 2854, and 2858 W. Pico Blvd. The combined site area is approximately 32,500 square feet. All five parcels are offered together, and the seller is also open to a 99-year ground lease.
The seller is pursuing entitlements with the HPOZ and the City Planning Department for a 100% affordable housing apartment project. The proposal submitted to the City includes approximately 175 residential units. The site has a Walk Score of 86, a Bike Score of 65, and a Transit Score of 62.
The seller is pursuing entitlements with the HPOZ and the City Planning Department for a 100% affordable housing apartment project. The proposal submitted to the City includes approximately 175 residential units. The site has a Walk Score of 86, a Bike Score of 65, and a Transit Score of 62.
Key Highlights
- Five‑parcel assemblage includes 2836, 2842, 2846, 2854, and 2858 W. Pico Blvd.
- Combined site area of approximately 32,500 square feet
- Submitted City proposal for approximately 175 residential units
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
8,576
Businesses Nearby
Explore this area
Business Placement
Demographics for 90006, CA
58,229
Population
21,475
Households
2.7
Avg Household Size
36
Median Age
22%
College-Educated
63%
High-School Grad
1.9 sq mi
ZIP Area
30,647
Density / Sq Mi
$49,847
Median Household Income
$31,645
Median Earnings
$1,396
Median Rent
$841,900
Median Home Value
Market
Properties on Market for Commercial land in Los Angeles County
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Frequently Asked Questions
What type of property is this?
Commercial land - Five-parcel assemblage with housing entitlements in process and a submitted affordable apartment proposal.
Where is this commercial land located?
The property is located at 2854 W Pico Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Five‑parcel assemblage includes 2836, 2842, 2846, 2854, and 2858 W. Pico Blvd.; Combined site area of approximately 32,500 square feet; Submitted City proposal for approximately 175 residential units
