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Five-Parcel Commercial Land Assemblage

2858 W Pico, Los Angeles, CA 90006

For Sale
$1,300,000

Five parcels are offered together for a proposed affordable housing development.

Property Size1,790 SF
Days on Market110

Property Features for 2858 W Pico

General Information

Standard status Active
Size 1,790 SF
Property subtype Mixed Use

Site & Location

Neighborhood Harvard Heights

Building Details

Building Size 1,790 SF
Year Built 1920
Listing Agency: Epique Realty
Listed By: Mihwa Yi · License CA #01987254
Source: Truthrealty
Added: Jul 29 Changed: Nov 8 Last Checked: Nov 14 at 2:44PM

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 Epique Realty

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Investment Insights

Based on property information with market context.

The offering combines five commercial land parcels at 2836, 2842, 2846, 2854, and 2858 W. Pico Blvd. The assembled site totals approximately 32,500 square feet, and the parcels are available only as a combined offering rather than individually.

The seller is also open to a 99-year ground lease covering the full assemblage. Entitlement work is underway with the HPOZ and City Planning Department for a 100% affordable housing apartment project. The current proposal submitted to the City includes approximately 175 residential units.

Key Highlights

  • Five‑parcel assemblage at 2836, 2842, 2846, 2854, and 2858 W. Pico Blvd.
  • Approximately 32,500 square feet of combined site area
  • Parcels offered together; individual sales are not available

Property Analytics

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Open Analytics

Suggested Use

Top Pick Supermarket Carpet & Flooring Store Veterinary Clinic (Bike/Boat/Book/etc) Store Clothing & Fashion Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,390
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Los Angeles

Jul
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Frequently Asked Questions

What type of property is this?
Commercial land - Five parcels are offered together for a proposed affordable housing development.
Where is this commercial land located?
The property is located at 2858 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 at 2836, 2842, 2846, 2854, and 2858 W. Pico Blvd.; Approximately 32,500 square feet of combined site area; Parcels offered together; individual sales are not available
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